The Collision Repair Education Foundation announced it has received a $50,000 donation from Gerber Collision & Glass for the company’s participation in a number of 2016 collision career fairs and other collision student hiring initiative related projects. Tim O’Day, President of Gerber Collision & Glass said, “Gerber Collision & Glass has been a long-time supporter […]
Big 4 Collision Repair MSO Locations Up More than 25% in 2015
ABRA, Boyd, Caliber and Service King continue growth in new locations during 2015. Unit growth down from 2014, but up if 2014 Sterling sale to Service King excluded. The acquisition and new collision repair facility openings by the four largest multi-regional multiple collision repair shop operators (MSOs) in North America grew by nearly 300 units […]
KAR Acquires Eight Brasher’s Auto Auctions, Announces Earnings
KAR Auction Services, Inc. (NYSE: KAR) announced that its subsidiary, ADESA, Inc., has signed a definitive agreement to acquire eight auctions owned by the Brasher family. Brasher’s eight locations are: Brasher’s Salt Lake, Brasher’s Sacramento, Brasher’s Portland, Brasher’s Boise, Brasher’s San Jose, Brasher’s Northwest, Brasher’s Reno and Brasher’s Fresno. Brasher’s key corporate and local auction […]
Collision Repair Students at 13 Schools Participate in NABC Recycled Rides
The National Auto Body Council announced that a total of 13 collision repair technical schools across the country are now enrolled in its Recycled Rides for Schools program, enabling a new generation of collision repair professionals to learn their craft as well as the importance and impact of giving back to their communities. In 2015, […]
BASF Names Kingstrom North America Distribution Director
Paul Whittleston, Vice President BASF Automotive Refinish North America, announced the appointment of Denise Kingstrom as the North America Distribution Director. “In line with our strategy to grow market share, Denise and her team are accountable to execute our North America distribution strategy. This includes enhancing the compelling value proposition distributors gain when partnering with […]
Service King Appoints Varghese Chief Information Security Officer
Service King Collision Repair Centers announced the addition of Anil Varghese to the role of Chief Information Security Officer (CISO). Varghese, a renowned veteran with two decades of global experience in the information technology sector – including stints at American Express and Sony – joins Service King as the organization’s very first CISO and will […]
Utah Bill Seeks to Allow Unlicensed Salvage Buyers
Proposed legislation would allow unlicensed salvage buyers to register with the Motor Vehicle Enforcement Division to purchase salvage vehicles. Utah Senate Bill 174 (SB174) proposes to amend Section 41-3-201 of the Utah code to create a statewide database to report and track the sale of salvage vehicles and allow for the purchase by unlicensed buyers. […]
Service King Acquires Two Collision Repair Centers in District of Columbia Market
Service King Collision Repair Centers announced the acquisition of two Professional Collision Centers in northern Virginia. The facilities are located in Stafford and Woodbridge, Va. and will transition to Service King effective immediately as terms were finalized Monday, Feb. 15. With the acquisition, Service King operates eight collision repair centers in the District of Columbia […]
FinishMaster Acquires Johnson Michigan Automotive & Industrial Coatings
FinishMaster, Inc., the subsidiary of Uni-Select Inc. announced it has completed the acquisition of Magnuson-Hagopian Enterprises, Inc. doing business under the name Johnson Michigan Automotive & Industrial Coatings. This acquisition strengthens FinishMaster’s footprint in eastern and central Michigan and expands operations in the industrial segment in this market. Founded as a hard parts distributor in […]
AkzoNobel Acquires BASF’s Industrial Coatings Business
AkzoNobel today has made an agreed offer to acquire BASF’s Industrial Coatings business for €475 million ($528.2 million). The transaction would include technologies, patents and trademarks, as well as securing supply to customers worldwide. Two manufacturing plants, one in Deeside, England, and one in Vanderbijlpark, South Africa. would also be transferred to AkzoNobel. The business […]