Beverly, Hercules form alliance
TORONTO, Ont. – The Beverly Group (Beverly Tire) and Hercules Tire Canada (formerly Tire Specialists) have formed a strategic alliance in Southern Ontario.
Under the deal, Beverly Tire will sell Goodyear passenger, light truck, farm and OTR tires to Hercules Tire Canada, while Hercules will sell various private brand commercial and passenger tires to Beverly Tire.
The two companies have combined annual sales of more than $100 million. Beverly Tire has 26 locations and a retread plant, while Hercules Tire Canada supplies more than 1,000 customers through its warehouse network. n
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