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Completed
Synopsis
Groupe Touchette-backed Fastco, a manufacturer and distributor of alloy and steel wheels, as well as accessories, completed the acquisition of ENVY Wheels, a Canadian aftermarket wheel brand known for stylish alloy and steel wheels. Financial terms were not disclosed. “We are thrilled to welcome the ENVY wheel brand into the Groupe Touchette/Fastco family. Both companies have always embraced change and innovation in this dynamic industry, and this acquisition reflects our ongoing strategy to adapt, grow, and provide our partners with even greater choice, quality, and reliability, with wheels that are proudly designed and engineered in Canada,” Lee Chaplin, Fastco President.
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