In May 2005, FdG Associates acquired The Hercules Tire & Rubber Company in partnership with senior management in a transaction that was structured to provide full liquidity to the Company’s legacy shareholder group of tire dealers, who founded the company in 1952 as a cooperative buying group. Headquartered in Findlay, Ohio, Hercules has grown significantly over the last five decades to become a leading marketer and distributor of its Hercules private label branded tires and other internationally known independent tire brands to retail and wholesale customers across the United States, Canada and in 80 countries around the world.