American Tire Distributors acquires Monro's wholesale tyre distribution assets.

Auto Business News-June 20, 2022--American Tire Distributors acquires Monro's wholesale tyre distribution assets

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Auto Business News - 20 June 2022

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American Tire Distributors (ATD), an independent supplier of tyres to the replacement tyre market, has completed its acquisition of the wholesale tyre distribution assets of Monro, Inc. that formerly operated under the Tires Now name.

The deal is also claimed to strengthen ATD's strategic support of the retail stores that includes Monro's tyre locations and offers additional sustainability benefits, including reducing emissions, in support of ATD's ESG and present emissions efficiency initiatives.

Stuart Schuette, ATD president and chief executive officer, said, 'We are moving full speed ahead with ATD's transformation journey, and in completing this transaction we are creating significant opportunities for our customers, the manufacturers...

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