NORTH COUNTRY TIRE DISTRIBUTORS LTD NOW PART OF THE DISTRIBUTION STOX NETWORK
Boucherville – Distribution Stox, a recognized leader in replacement tire distribution in Canada, confirms the conclusion of a majority ownership agreement with North Country Tire Distributors, currently active in Alberta, British Columbia, and Manitoba.
The transaction is expected to close in the second quarter of 2023, subject to the satisfaction of customary closing conditions including Canadian regulatory clearance.
Already collaborating with North Country Tire Distributors for the past years, we share complementary business ambitions and similar values.
Strengthened by our current coverage in Quebec, Ontario and the Atlantic provinces, this new partnership allows us to affirm our national footprint as a tire distributor and positions us well to expand our banner network across the country.
“Our priority is to be a true ally in the success of our customers and proactively engaged in an evolving industry. We are pleased to add North Country Tire Distributors, a major player in its territory, to our network, allowing us to assert our national positioning. Furthermore, forging solid partnerships with both manufacturers and the retailers in the tire and mechanical services industry is a priority for our teams" says Jean Novak, President, and CEO of Unimax.
"We are proud to announce that we will continue our development in this big new family, our current and future customers will be able to appreciate the daily work of our dedicated and committed teams" said Cory Davis, President of North Country Tire Distributors.
“I’m thrilled by what this represents for our valued customers. The national footprint creates a unified vision for customer experience coast to coast and a viable alternative for all of our mutual partners” said Jared Powell-Williams, Vice President of North Country Tire Distributors.
“Together and united, we will pursue our mission to offer an exemplary customer experience by acting as a trusted partner offering strong brands and competitive business solutions across the country.” says Leif Ellefsen, Executive Vice President, and Chief Operating Officer of Distribution Stox.
About North Country Tire Distributors:
Founded in 2015, North Country Tire Distributors is one of Western Canada’s largest tire distributors. In a very short time, the Company has grown 6 distribution centres in Western Canada, covering Manitoba to British Columbia. They recognize that the growth would not have been achieved without the efforts and dedication of all its employees. North Country Tire’s employees have decades of knowledge and expertise in the industry, which are key to its success.
About Distribution Stox:
Founded in 2016, Distribution Stox is a recognized leader in the tire replacement distribution. It also stands out, thanks to its dedicated employees, whose expertise is unquestionably the key to its success. A service-oriented corporate culture makes it possible to offer a personalized service to its customers. Distribution Stox has 22 distribution centres supported by state-of-the-art technology and has more than 190 delivery vehicles in Quebec, Ontario and the 4 Atlantic provinces offering one of the best service levels in the country.
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