CHARLOTTE, NC — American Tire Distributors has announced an agreement to acquire Samaritan Wholesale Tire Co., expanding American Tire Distributors’ service across Minnesota and into western Wisconsin.
“Samaritan is a premier tire distributor in its geographic area. [The company] has built a solid business based on strong management, efficient operations, and, most importantly, an unwavering commitment to customer service,” said Richard “Dick” Johnson, chairman and chief executive officer of American Tire Distributors. “The Samaritan Tire operation, including its strong team of people, will be an excellent complement to our existing Midwest distribution centers in Sioux Falls, SD; Des Moines, IA; and Lincoln, NE.”
Samaritan Tire currently operates one distribution center in the Minneapolis, MN, area. This distribution center services approximately 1,075 customers, primarily in the Eastern Minnesota and Western Wisconsin.
Jay Halvorson, co-owner of Samaritan Tire since 1973, will join the ATD organization and remain involved in the management of the Minneapolis operation. Halverson shared his high expectations for the future of the combined company, saying, “I am very proud of the many accomplishments of the Samaritan Tire team over the past 33 years,” he said. “The tire industry is rapidly evolving and the pace of change will accelerate over the next five years. I am convinced that becoming a part of the American Tire Distributors’ team will enable us to continue to grow our business. We are very excited about this opportunity.”
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