Wheel Distributor Fastco Acquires ENVY Model in Canada

Fastco Canada, a Canadian-owned provider of aftermarket alloy wheels, has acquired the ENVY wheel model, additional increasing its portfolio that features Quick Wheels, Quick EV, Quick FC, Quick HD, Braelin and Replika, together with a complete accent program, Dialyn. Fastco Canada is a wholly-owned subsidiary of Canadian tire distributor Group Touchette.

“We’re thrilled to welcome the ENVY wheel model into the Groupe Touchette/Fastco household,” mentioned Lee Chaplin, President of Fastco, primarily based in Vaudreuil-Dorion, Québec. “Each firms have all the time embraced change and innovation on this dynamic trade, and this acquisition displays our ongoing technique to adapt, develop, and supply our companions with even larger selection, high quality and reliability, with wheels which can be proudly designed and engineered in Canada.”

Montreal-based Groupe Touchette, which acquired Fastco in 2023, will stay the unique distributor of the ENVY wheel model. “Integrating ENVY beneath the Fastco and Groupe Touchette umbrella reinforces our collective imaginative and prescient of progress and management within the Canadian tire and wheel trade,” mentioned Nicolas Touchette, co-owner and CEO of Groupe Touchette Inc. “Collectively, we’re higher positioned than ever to supply distinctive worth, broaden our providing, and meet the evolving wants of our companions and prospects throughout the nation.”

In line with a Dec. 3 information announcement, Fastco will lead product improvement and strategic positioning, whereas Groupe Touchette will handle market deployment and buyer help via its nationwide infrastructure. The product line will embody each alloy and metal wheels, giving sellers and prospects an entire vary of choices.

“Our mission has all the time been to gasoline ardour and efficiency with wheels that encourage,” added Chaplin. “This acquisition strengthens that mission, with merchandise proudly designed and engineered in Canada for the Canadian driver.”