TBC acquires Del-Nat assets
TBC Corp. will acquire the tire inventory from Del-Nat Tire Corp. plus certain other assets, including the ownership of all Del-Nat brands and trademarks.
The acquisition of Del-Nat’s inventory, brands and trademarks will add both domestic and international customers to TBC’s portfolio, enhancing its distinction as one of the largest marketers of automotive replacement tires through a multi-channel distribution strategy across the country.
“The acquisition of Del-Nat’s inventory, brands, and trademarks is good for TBC, and it’s good for Del-Nat members,” says TBC Executive Vice President Marty Krcelic.
“We expect this transition to be smooth and seamless as we will continue to offer both warehouse and factory-direct programs to Del-Nat members while modernizing and growing the Delta and National brands.
"TBC has been around for nearly 60 years," says Krcelic. "Our quality and professionalism are well-regarded throughout the tire industry, and adding the Del-Nat customer base is a natural progression for our company.”
Earlier this year, Del-Nat told its shareholders it had decided to sell to TBC, assuming the details could be worked out (see "TBC may soon purchase Del-Nat").