Canada’s Group Touchette completes NTD acquisition

On 7 September, American Tire Distributors (ATD) announced the completion of its Canadian subsidiary’s sale to Groupe Touchette, Canada’s largest locally-owned tyre distributor. By divesting the National Tire Distributors (NTD) business, the wholesaler says it is now “better positioned to serve its customers across the US” and to “invest in the enhanced innovation that is driving its transformation efforts.”