Mergers and Acquisitions

National Tire Distributors Inc. in its acquisition of Pneus Supérieurs Inc.

National Tire Distributors Inc.
Key Contact
John Groenewegen

Partner, Corporate, Toronto

Team
Marc Roy

Associate, Tax, Montréal

Julien Ranger

Partner, Pensions and Benefits, Montréal

Constantine Troulis

Partner, Financial Services, Montréal

Alain Fournier

Partner, Tax, Montréal

Hugo-Pierre Gagnon

Partner, Corporate, Montréal

Allan Wells

Partner, Employment and Labour, Toronto

Richard M. Borins

Partner, Financial Services, Toronto

Yan A. Besner

Partner, Real Estate, Montréal

On June 1, 2017, 9359-8266 Québec Inc., a wholly owned subsidiary of National Tire Distributors Inc., completed an all-cash acquisition of three Québec based tire distributors carrying on business under the name “Pneus Supérieurs”. The three targets were wholly-owned by Pneus Bélisle Inc. and its affiliate. Immediately after closing, 9359-8266 Québec Inc. amalgamated with the three purchased corporations to continue as Pneus Supérieurs Inc. National Tire Distributors Inc. has assumed management of Pneus Supérieurs Inc.

National Tire Distributors Inc., is a tire distribution company, headquartered in Burlington, Ontario.

Pneus Supérieurs Inc., is a tire and automotive wheels distribution company, headquartered in Boucherville, Quebec.

Osler, Hoskin & Harcourt LLP represented National Tire Distributors on the transaction, led by John Groenewegen and Hugo-Pierre Gagnon with a team that included Jay Greenspoon and James Povitz (Corporate); Yan Besner (Real Estate); Allan Wells and Colin Kelly (Employment); Julien Ranger-Musiol (Pension & Benefits); Patrick Welsh (Environment); Alain Fournier and Marc Roy (Tax); and Constantine Troulis, Richard Borins and Jeremy Burgess (Banking and Financial Services).

Value
-
Date Closed
June 1, 2017
Lead Office
Montréal
Key Contact
John Groenewegen

Partner, Corporate, Toronto

Team
Marc Roy

Associate, Tax, Montréal

Julien Ranger

Partner, Pensions and Benefits, Montréal

Constantine Troulis

Partner, Financial Services, Montréal

Alain Fournier

Partner, Tax, Montréal

Hugo-Pierre Gagnon

Partner, Corporate, Montréal

Allan Wells

Partner, Employment and Labour, Toronto

Richard M. Borins

Partner, Financial Services, Toronto

Yan A. Besner

Partner, Real Estate, Montréal