MONRO SIGNS DEAL TO SELL "TIRES NOW" ASSETS TO ATD
Monro Inc. has reached an agreement with American Tire Distributors, Inc. (ATD) for ATD to purchase Tires Now, the company’s wholesale tire distribution assets.
The deal is expected to close in mid- to late June 2022. Until then, you remain a customer of Tires Now, and our Tires Now team will continue to serve as your trusted supply chain partner.
Monro has worked with ATD for almost 20 years. Our companies share the same values and commitment to service. ATD is a recognized leader in our industry. They have a broad inventory of tires, wheels, and shop supplies, and an extensive wholesale and distribution network providing excellent, timely service to customers.
We are working closely with ATD to ensure that their service to your locations will be seamless and uninterrupted. All our teammates are being offered positions with ATD. This was a critical part of Monro’s decision to go with ATD.
Moving forward, Monro plans to focus its energy and resources on growing our retail and commercial businesses. ATD will be our distribution partner, delivering product to our 1,300+ retail stores.
A joint press release from Monro and ATD can be found here. If you have any questions or concerns, please feel free to contact your Tires Now representative.
VP Business to Business and General Manager Wholesale Sales