Fastco Canada, a proudly Canadian company recognized as a leader in the wheel, tire, and accessory market, is pleased to announce the acquisition of the ENVY wheel brand. This acquisition further expands its range of innovative, high-quality solutions tailored to Canadian road conditions.

With this acquisition, Fastco consolidates its position as a forward-looking Canadian manufacturer, combining complementary design approaches, cutting-edge engineering, and a shared commitment to delivering unparalleled value to North American dealers and customers.

“We are delighted to welcome the ENVY wheel brand to the Groupe Touchette / Fastco family,” said Lee Chaplin, President of Fastco. “Both companies have always been able to evolve and innovate within this dynamic industry, and our acquisition reflects this strategy of adaptation and growth to offer our partners even more choice, quality, and reliability through wheels proudly designed and manufactured in Canada.”

Groupe Touchette, which acquired Fastco in 2023, will remain the exclusive distributor of the ENVY wheel brand. “The integration of ENVY under the Groupe Touchette/Fastco banner reinforces our collective vision of growing together and maintaining our position as a leader in the Canadian tire and wheel industry,” said Nicolas Touchette, co-owner and co-CEO of Groupe Touchette . “Together, we are better positioned than ever to deliver exceptional value, expand our product line, and meet the evolving needs of our partners and customers across the country.”

Under Fastco's ownership, the ENVY wheel brand will continue to embody the style, quality, and performance that have always defined its reputation. Fastco will be responsible for product development and strategic positioning, while Groupe Touchette will handle sales and customer service through its extensive national infrastructure. The product line will include both alloy and steel wheels , offering a comprehensive and diverse selection to both customers and dealers.

They will benefit from the following advantages:

• Expanded access thanks to Groupe Touchette's vast pan-Canadian distribution network;
• A continuous innovation approach driven by first-time products and new models adapted to the Canadian market;
• More precise and better controlled assembly thanks to FastFinder ™ technology ;
• A smooth supply chain and integrated warranty service offered by Groupe Touchette;
• A hand-picked selection of ENVY alloy and steel rims, designed and manufactured in Canada.

“Our mission has always been to ignite passion and optimize performance through wheels that fuel inspiration,” added Lee Chaplin. “The acquisition of ENVY reinforces this mission by allowing us to offer products proudly designed and manufactured here, for local drivers.”

Visit envywheels.com to learn more about the ENVY wheel brand.

About Fastco Canada:

Founded in 1989, Fastco is Canada's largest manufacturer and distributor of alloy and steel wheels and accessories. A wholly owned subsidiary of Groupe Touchette, Fastco has facilities in Vaudreuil-Dorion, Quebec; Pickering, Ontario; and Calgary, Alberta. Fastco designs, manufactures, and distributes wheels under the Fast Wheels, Fast EV, Fast FC, Fast HD, Braelin, and Replika brands, as well as a full line of accessories under the Dialyn brand. Fastco also offers comprehensive OER (Original Equipment Manufacturer) alloy wheel programs in collaboration with several of Canada's leading vehicle manufacturers. Data acquisition, powered by FastFinder™, the industry's most accurate and proprietary wheel fitment software, is a key aspect of its operations. For more information, visit www.fastco.ca .

About Groupe Touchette Inc.

Founded by André Touchette in 1979, Groupe Touchette, the largest Canadian-owned tire distributor, has been recognized for its expertise and superior service to automotive manufacturers, dealerships, and independent customers for over 40 years. Led by Nicolas Touchette and Frédéric Bouthillier, the Montreal-based company specializes in value-added tire distribution services. Groupe Touchette employs over 1,800 people and has a presence across Canada with more than 40 distribution centres. Under the TireLink and DT Tire banners, Groupe Touchette serves automotive dealerships and independent tire retailers. The company also serves Canadian consumers under its retail banners Tirecraft, Integra Tire, Signature Tire, Tireland/Ici Pneu, Tire Partners/Pneu Solutions, Pneu Select, MécaniPneu, Pneus Chartrand Mécanique, Pneus Express Mécanique, Pneus Bélisle, and Touchette Motorsport. For more information, visit grtouchette.com or follow us on LinkedIn.

Contacts
Media contact:
Marie-Andrée Couture,
Marketing Manager, Fastco Canada
macouture@fastco.ca

 

Source: businesswire.com

Report Abuse