Hercules acquires Montreal’s Pneu Mondial
Hercules Tire Company of Canada Inc has announced its acquisition of wholesale distribution business Pneu Mondial Canada Inc, located just outside Montreal. The acquisition is Hercules’ first in Quebec and the company, a division of the Hercules Tire & Rubber Company, says it will allow it “to expand and better the service currently offered out of its five locations in Ontario, New Brunswick and British Columbia”. Pneu Mondial operates out of Saint Laurent, having been started in early 2007 by Jacques Gravel and Daniel Lamoureux to serve Quebec’s independent tyre dealers.
“Our business was built on addressing the specific needs of the independent tire dealer, so we are thrilled to be joining Hercules Tire, one of Canada’s leading wholesalers, and getting access to the Hercules product line and the great value that it offers tire dealers,” said Gravel, Pneu Mondial Canada’s president.
Rob Keller, president of Hercules Tire of Canada, added: “The addition of Pneu Mondial in Quebec gives us local presence in one of Canada’s largest markets. We are excited to work with the Pneu Mondial team to provide our product line and their excellent local knowledge and service.”
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