Saint-Gobain announced it has signed an agreement to acquire TekBond, the number two adhesives business in Brazil operating in the construction sector and on the automotive aftermarket. TekBond supplies a broad range of adhesives, sealants, sprays and masking tapes all over Brazil. Its offer is based on a detailed knowledge of the market and customers […]
Uni-Select Completes Acquisition of The Parts Alliance in the United Kingdom
Uni-Select Inc. (TSE:UNS), the parts distributor and parent of FinishMaster, announced that it has completed the previously announced acquisition of The Parts Alliance, the second largest nationwide independent distributor of automotive aftermarket parts in the United Kingdom. As previously announced, the transaction in the amount of £205.0 million ($264.1 million) was fully funded with debt […]
CARSTAR Canada Adds Satellite Appraisal Location at Ford Dealer in Cambridge, Ontario
CARSTAR announced that CARSTAR Cambridge Appraisal has officially launched, located at 272 Hespeler Road, Cambridge, Ontario, Canada. The store will be a satellite location in the Ridgehill Ford dealership, with all service going to CARSTAR Cambridge. CARSTAR Cambridge Appraisal and CARSTAR Cambridge are owned by the LC Group, which is comprised of Ian Ladd, Peter […]
Northeast Tradeshow Expanding in 2018
AASP/NJ’s event will nearly double with addition of new pavilion The Alliance of Automotive Service Providers of New Jersey (AASP/NJ) announced the expansion of the NORTHEAST 2018 Automotive Services Show. The industry’s largest regional trade show will almost double in size with the addition of the NORTHEAST Pavilion. The show will be held March 16-18, […]
Toyota and Mazda Enter Business and Capital Alliance
Formed joint venture to produce vehicles in the United States. Will jointly develop electric vehicles and advanced safety technology with ultimate goal of creating a mobile society devoid of accidents. Toyota Motor Corporation (Toyota) and Mazda Motor Corporation (Mazda) signed an agreement today to enter a business and capital alliance, with the aim of further […]
Fix Auto Adds Collision Repair Center to Network in Australia
Terry Feehan, Head of Business for Fix Auto Australia announced the addition of Fix Auto Welshpool, owned and operated by Mark Zeyad Damer to its network, effective July 27. In 2003, after ten years of learning and refining his craft, and inspired by his father, Mark opened his own collision repair center, Swan Smash Repairs. […]
Autologic Diagnostics Acquires Farsight
Autologic Diagnostics Inc., an Opus Group AB (STO:OPUS) subsidiary, has acquired MVDS, LLC d/b/a Farsight. The purchase is valued at $1.2 million. Closing is anticipated for early August 2017. After the acquisition, Farsight will be integrated with Autologic and its 20 employees will relocate to the nearby Autologic offices in Commack, New York within 90 […]
CARSTAR Adds Collision Repair Center to Network in Washington State
Second CARSTAR franchise for owner Matt Earsley brings total to 25 CARSTAR locations in Washington, CARSTAR Auto Body Repair Experts announced the opening of CARSTAR Premier Collision Yelm at 103 1st Street N., Yelm, Washington. The CARSTAR location is owned by Matt Earsley. The Yelm location is the 25th CARSTAR facility in the state of […]
ASE Introduces Updated Testing Platform
The National Institute for Automotive Service Excellence (ASE) announced changes that will offer an enhanced experience for professionals when taking tests to earn ASE certification. These changes to the computer test format were effective at Prometric test sites on August 1. Test questions will look the same as before, but new features have been added. […]
Allstate Reports Improved Earnings in Second Quarter
Allstate brand auto insurance net written premiums up 3.3 percent. Average auto premiums up 5.4 percent. Claims technology improving efficiency. The Allstate Corporation (NYSE: ALL) reported its consolidated revenue for the second quarter of 2017 increased 4.6 percent to $9.587 billion compared to $9.164 billion in the same quarter of 2016. For the six month […]
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