National Tire Distributors Inc.

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

Client

National Tire Distributors Inc.

Value

-

Service

Mergers and Acquisitions

Date Closed

June 2017

Industry

Retail & Consumer Products

Lead Office

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).