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Touchette buying Pneus Chartrand tire dealer - Vimarsana News

Touchette buying Pneus Chartrand tire dealer

Print MONTREAL — Montreal-based wholesaler Groupe Touchette Inc. has struck a deal to buy fellow Quebec tire dealer Pneus Chartrand Distribution Inc., which operates both wholesale and retail businesses throughout the province. The acquisition includes two wholesale distribution centers, seven retail tire and auto service locations under the Pneus Chartrand Mécanique Inc. identity and a real estate company, Groupe Immobilier Chartrand, Groupe Touchette said. The deal, for which financial terms are not being disclosed, is set to close July 1. Group Touchette said the deal allows it to cons...