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Am-Pac Tire Distributors, Inc. has been purchased by American Tire Distributors, Inc. (ATD) for an undisclosed sum. The transaction is expected to significantly strengthen ATD’s market position and allow it to better serve the nation’s tire dealers with enhanced product offerings while providing “a distribution network unsurpassed in the wholesale tire industry,” according to the company.
Prior to the acquisition, Am-Pac was a wholly owned subsidiary of Tokyo-based Itochu Corp., which bought Aspen Enterprises, Inc. and its Tire Pros operation in 1999. Am-Pac, in turn, had broadened its distribution reach with the purchases of Case Tire in Arizona, Tasco Distributing Ltd. in Texas and the Southern Rubber Co. in Alabama.
“By combining the resources of these two organizations, American Tire Distributors will be better positioned to service our customers,” says Richard P. “Dick” Johnson, ATD’s chairman and CEO. “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, Johnson notes. 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,” says 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.”
ATD has 78 distribution centers servicing 36 states. The company reports that it helps tire and wheel dealers compete with larger retailers by offering the most complete, coast-to-coast selection of tires, wheels and related products and value-added services. The company has more than 2,000 employees, including 200 people in its Charlotte-area field support center, distribution center and regional hub.
For more information, visit www.atd-us.com.
