Distribution Stox will acquire Edmonton, Alberta-based North Country Tire Distributors, which has warehouses in Alberta, British Columbia and Manitoba.
The transaction is expected to close during the second quarter of 2023 and is subject to the satisfaction of customary closing conditions, including Canadian regulatory clearance.
"Already collaborating with North Country Tire Distributors for the past years, we share complementary business ambitions and similar values," say Distribution Stox officials.
"Strengthened by our current coverage in Quebec, Ontario and the Atlantic provinces, this new partnership allows us to affirm our national footprint as a tire distributor and positions us well to expand our banner network across the country."
“Our priority is to be a true ally in the success of our customers and proactively engaged in an evolving industry," says Jean Novak, president and CEO of Unimax. "We are pleased to add North Country Tire Distributors, a major player in its territory, to our network, allowing us to assert our national positioning.
Furthermore, forging solid partnerships with both manufacturers and the retailers in the tire and mechanical services industry is a priority for our teams."
"We are proud to announce that we will continue our development in this big new family (and) our current and future customers will be able to appreciate the daily work of our dedicated and committed teams" says Cory Davis, President of North Country Tire Distributors.
“I’m thrilled by what this represents for our valued customers," notes Jared Powell-Williams, vice president of North Country Tire Distributors.
"The national footprint creates a unified vision for customer experience coast to coast and a viable alternative for all of our mutual partner."
North Country Tire Distributors opened a distribution center in Winnipeg, Manitoba, last summer.
