American Tire Distributors, Inc. Reaches Agreement to Purchase Hercules Tire & Rubber

American Tire Distributors, Inc. (“ATD”) announced it has executed an agreement to acquire all of the capital stock of The Hercules Tire & Rubber Company (“Hercules”) based in Findlay, Ohio.  Hercules is a marketer of replacement tires in the U.S.A., Canada and globally. 

Founded in 1952, Hercules currently operates 15 distribution centers in the U.S.A. and six distribution centers in Canada.  In addition, Hercules operates a 250,000 square foot warehouse in northern China.  Hercules also markets the Hercules brand, which is one of the most sought-after proprietary tire brands in the industry.

“Hercules is a well-run company with an outstanding reputation in the industry,” said William “Bill” Berry, president and chief executive officer of American Tire Distributors.  “Joining forces with the Hercules team is a very positive step for American Tire Distributors.”

American Tire Distributors operates 130 distribution centers, including 22 distribution centers in Canada, serving approximately 70,000 customers across the U.S. and Canada.  American Tire Distributors employs approximately 3,400 employees across its distribution center network, including approximately 350 employees in Canada.