Global, Industrials | Mergers & Acquisitions, Restructurings

GPX Closes Bankruptcy Sale of Canadian Tire Unit

GPX International Tire Corp., a leading global provider of specialty “off-the-road” (OTR) tires, filed for bankruptcy and retained TM Capital to pursue restructuring alternatives
TM Capital assisted GPX in completing the sale of its Canadian subsidiary to an investor group
In aggregate, TM Capital assisted GPX in completing three Section 363 bankruptcy sales of its business units totaling almost $100 million in value

has sold its Canadian subsidiary

to a management-led investor group

GPX Closes Bankruptcy Sale of Canadian Tire Unit

TM Capital assisted GPX International Tire in completing the bankruptcy sale of its Canadian Tire Division to an investor group

For more information, contact our industrials team at:

industrials@tmcapital.com

Client Testimonial

TM Capital's focus, dedication and skill were key to our successful and timely completion of these complex transactions despite unprecedented challenges in the markets we serve.”

Craig Steinke, CEO, GPX International Tire Corp.