US-based American Tire Distributors completes sale of Canadian subsidiary

Company completed sale of National Tire Distributors to Groupe Touchette, in a move that gives it resources, focus, and flexibility to accelerate its own business

American Tire Distributors (ATD), a US based independent suppliers of tires to the replacement tire market., has announced the completion of the sale of its Canadian subsidiary, National Tire Distributors (NTD) to Groupe Touchette, according to a press release dated 7 September.