Hercules Tire Company of Canada Acquires Wholesale Business of Montreal-Based Pneu Mondial Canada
Hercules Tire Company of Canada Inc. announced it has acquired the assets of the wholesale distribution business of Pneu Mondial Canada Inc., located just outside Montreal. The acquisition is Hercules' first in Quebec and will allow the...
Hercules Tire Company of Canada Inc. announced it has acquired the assets of the wholesale distribution business of Pneu Mondial Canada Inc., located just outside Montreal. The acquisition is Hercules’ first in Quebec and will allow the company 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, Quebec. The company was started in early 2007 by Jacques Gravel and Daniel Lamoureux to serve the independent tire dealers of Quebec.
“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.”
Hercules Tire Company of Canada Inc. is a division of the Hercules Tire & Rubber Company. Established in 1972, the company is headquartered in Kitchener, ON, and operates facilities in London, Mississauga and Belleville, Ontario; Vancouver, British Columbia; Moncton, New Brunswick; and Saint Laurent, Quebec. In addition to Hercules Tires and Hercules’ associate brand Ironman Tires, Hercules Canada distributes other leading branded tire programs to over 1,300 dealers nationwide.