DISTRIBUTION STOX ANNOUNCES THE ACQUISITION OF DISTRIBUTIONS CLAUDE CÔTÉ

As part of its growth plan, Distribution Stox is proud to  announce the acquisition of Les Distributions Claude Côté, specialists in the distribution of tires  for cars, light trucks, and commercial vehicles in Eastern Quebec. The agreement will take effect  on January 31, 2022. Founded in 1988, Distributions Claude Côté has become a leader in tire  distribution in Quebec’s Bas-St-Laurent, Gaspésie, and Côte-Nord regions. “For many years, we  have partnered with Distribution Stox to serve our customers, and I’m confident that they will  continue to be well served and well treated. I’d like to thank all our employees, suppliers, and  customers for their trust throughout the years,” says Claude Côté, president of Distributions  Claude Côté. Mr. Côté and all Distributions Claude Côté employees will remain with the  company. 

“This acquisition is part of our growth and consolidation strategy in Eastern Quebec. We’re  looking forward to welcoming Distributions Claude Côté team to Distribution Stox,” says  Bruno Leclair, President & Chief Executive Officer of Distribution Stox. “In fact, the two  companies share an important quality: close relationships with our customers. We’re well known  for providing excellent service, and that won’t change. Starting February 1, Distributions Claude  Côté customers will have access to additional inventory from other Distribution Stox  warehouses.” 

This acquisition will add millions to our sales and a new warehouse to the Distribution Stox  network, giving us a total of 22 warehouses with 1.7 million square feet of storage space. By the  end of January, Distribution Stox will implement a transition plan to take full advantage of both  teams’ strengths. The addition of new management tools and the sharing of expertise and our  teams’ talents are just some of the exciting projects that give us confidence in the future.

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