American Tire Distributors to Purchase Hercules Tire & Rubber
American Tire Distributors (“ATD”) has announced hat it has executed an agreement to acquire all of the capital stock of The Hercules Tire & Rubber Company (“Hercules”) based in Findlay, Ohio.
Hercules is a leading marketer of replacement tires in the U.S.A., Canada and globally.
Founded in 1952, Hercules currently operates 15 distribution centers in the U.S.A. and 6 distribution centers in Canada. In addition, Hercules operates a 250,000 square foot warehouse in northern China. Hercules also markets the Hercules brand, which is one of the most sought-after proprietary tire brands in the industry.
“Hercules is a well-run company with an outstanding reputation in the industry,” said William “Bill” Berry, President and Chief Executive Officer of American Tire Distributors. “Joining forces with the Hercules team is a very positive step for American Tire Distributors.”
American Tire Distributors is one of the largest independent suppliers of tires to the North American replacement tire market. It operates 130 distribution centers, including 22 distribution centers in Canada, serving approximately 70,000 customers across the U.S. and Canada.
Category: General Update, Wheels & Tires
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