CHARLOTTE, N.C.—American Tire Distributors Holdings Inc.'s TriCan Tire Distributors Inc. subsidiary has completed its purchase Regional Tire Distributors Inc. of Burlington, Ontario.
The acquisition for about $62.5 million will expand significantly ATD's presence in the Ontario and Atlantic provinces, according to ATD. RTD Ontario has five distribution centers in Ontario and four in the Atlantic provinces.
RTD Ontario services about 3,100 customers, ATD said.