In what the Auto Care Association calls a “major victory for the auto care industry.” the Supreme Court upheld the legal precedent of patent exhaustion, which states that a company’s right to protect its patent ends when the product is sold to the end user. Information from an amicus brief submitted to the Supreme Court […]
LKQ CEO Transition Took Effect May 31
Dominick Zarcone’s previously announced promotion to President and Chief Executive Officer of LKQ Corporation (NASDAQ:LKQ) became effective as of May 31. Robert Wagman, the Company’s President and Chief Executive Officer from January 2012 until May 2017, is now a part-time employee of the company serving as Executive Strategic Advisor primarily relating to mergers and acquisitions. […]
Solera Proposes Sale of E3 Technical in UK to Satisfy Competition Authorities Concerns on Autodata Acquisition
UK Authority will consider proposal to divest technical information provider to preserve competition. The United Kingdom Competition and Markets Authority (CMA) announced yesterday that it is considering proposals from Solera to overcome competition concerns over its January acquisition of Autodata. According to the CMA, Solera has proposed to sell E3 Technical, which is part of […]
CARSTAR Adds Collision Repair Center to Network in Alberta
CARSTAR announced the addition of CARSTAR Leduc, a 12,600 sq. ft. collision repair center located at 7121 Sparrow Drive, Leduc, Alberta, Canada, to its network. The facility is owned and operated by Dale and Brad Melin. “I know what toll the Alberta terrain and climate can take on vehicles, and my team is eager to support […]
Boyd Group Adds Collision Repair Center in Florida
The Boyd Group Inc. announced the May 30, opening of a second Gerber-brand collision repair location in St. Augustine, Fla. This brownfield development is located on Dobbs Road and is in close proximity to the highly traveled 207 and 312 state highways. “This is an important addition to our already significant presence in Florida and […]
CARSTAR St. Thomas Changes Ownership
CARSTAR St. Thomas, located 15 Queen St, St. Thomas Ontario, Canada, is under new ownership. The collision center has recently been sold to Mike and Liz DeRuiter, owners of CARSTAR Strathroy. After 17 years of ownership of CARSTAR St. Thomas, George and Donna Fischtner are retiring.. Kyle Holmes, who has been with the company for […]
Database Enhancement Gateway Names Danny Gredinberg New Administrator
The Database Enhancement Gateway (DEG) announced that Danny Gredinberg is the new administrator of the free online resource developed to address inquiries to information providers about collision repair estimating data. With nearly sixteen years of collision repair experience as a certified technician, estimator and senior technical repair advisor, Gredinberg brings a wealth of experience and […]
Julie Massaro Named Executive Director of ASA-Colorado
The Automotive Service Association (ASA) has announced that Julie Massaro recently assumed the position of executive director of ASA-Colorado. She brings extensive experience to her new ASA duties in both for-profit companies and nonprofit organizations. Massaro’s background includes service as executive director of the Performing Arts Medicine Association (PAMA) and the National Utility Contractors Association […]
Uni-Select Acquires UK Parts Distributor
Uni-Select Inc. (TSE:UNS), the parts distributor and parent of FinishMaster, announced an agreement to acquire The Parts Alliance, the second largest independent distributor of automotive aftermarket parts in the UK. The £205.0 million ($264.1 million) transaction is fully funded with debt. The deal marks Uni-Select’s entry into European market with a leadership position in the […]
PPG Drops AkzoNobel Takeover Bid
Paint manufacturer will not make a public takeover offer for competitor. PPG (NYSE:PPG) today announced that it has withdrawn its proposal to acquire AkzoNobel (OTCMKTS:AKZOY) and will not pursue a public offer for the company. Under Dutch law, PPG had to make a decision today to pursue a formal takeover attempt or pause for a […]
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