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, the companies share complementary business ambitions and similar values.

“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 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.

Strengthened by the current coverage in Quebec, Ontario and the Atlantic provinces, this new partnership will allow Distribution Stox to affirm its national footprint as a tire distributor and position itself well to expand its banner network across the country.