American Tire Distributors Acquires Am-Pac Tire - aftermarketNews

American Tire Distributors Acquires Am-Pac Tire

Prior to the acquisition, Am-Pac was a wholly owned subsidiary of Tokyo-based Itochu Corp.

CHARLOTTE, N.C. — American Tire Distributors has completed its acquisition of Am-Pac Tire Dist. Inc. This transaction is expected to significantly strengthen ATD’s market position and allow it to better serve America’s tire dealers with enhanced product offerings and a distribution network unsurpassed in the wholesale tire industry.

Prior to the acquisition, Am-Pac was a wholly owned subsidiary of Tokyo-based Itochu Corp., which purchased the assets of Aspen Enterprises Inc. and its Tire Pros assets in 1999. Am-Pac broadened its distribution reach with the acquisitions of Case Tire in Arizona, Tasco Distributing Ltd. in Texas and Southern Rubber Co. in Alabama.

“By combining the resources of these two organizations, American Tire Distributors will be better positioned to service our customers,” said Dick Johnson, chairman and chief executive officer of American Tire Distributors. “We will have an unmatched breadth and depth of product, a strong offering of dealer marketing programs, and a distribution network that is without equal in our industry. All of these attributes will make us a better distribution partner for our dealers.”

Significant geographic overlap between ATD and Am-Pac, combined with the companies’ complementary brand and product offerings, will significantly strengthen ATD’s position in markets it currently serves. In addition, the acquisition will allow ATD to expand its servicing area into St. Louis and western Texas.

“One of the most meaningful components of any company is its people,” said Mr. Johnson. “We have the highest regard for the quality and commitment of Am-Pac team members. We believe their commitment to customer service and program-based marketing strategy makes this acquisition a perfect strategic fit for American Tire Distributors.”

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