Distribution Stox has acquired Provincial Tire Distributors, an Ontario-based company in business for more than 30 years.
The acquisition is being described as “a major step forward” for the Quebec-based tire distributor, adding a new province to its distribution network.
According to a press release from Distribution Stox, the Provincial Tire Distributors team “has worked with passion to provide customers with the best quality of service.” It is a corporate value that Stox shares.
“Starting today, we are joining our forces to pursue the development of our respective markets,” said Bruno Leclair, president and CEO of Distribution Stox. “Over the coming weeks and months, we will work closely on a transition plan to synergize the strengths and the experience of both groups.”
Leclair said the addition of new product lines, the implementation of new management tools, and the sharing of expertise are examples of stimulating projects that make Distribution Stox confident about the future.
“Our main objective is to maintain the highest level of customer satisfaction with operational effectiveness and best business practices with the cooperation of a dedicated team of over 300 employees in 17 cities,” he said.
Provincial Tire Distributors was founded in 1988. Its administrative headquarters is in Barrie, Ont. and daily operations are made through the facilities in the Ontario cities of Barrie and Sudbury.