Insurer will retain 10 percent interest in Capital SMART and enters into long-term supply agreement. The AMA Group Limited (ASX:AMA) today announced an agreement with Suncorp Insurance Ventures Pty Ltd (Suncorp) to acquire 90 percent of Capital SMART Repairs Australia Pty Ltd in a transaction valuing the company at AUD$420 million ($280.3 million). AMA will […]
Boyd Group Adds Collision Repair Center in Illinois
The Boyd Group Inc. today announced the opening of a Gerber Collision & Glass collision repair center in East Peoria, Ill. The location previously operated as a collision repair facility and had been closed for more than a year. East Peoria is located across the Illinois River from Peoria, the eighth-largest city in Illinois and […]
Fix Network Canada Acquires Carrossier ProColor Network from Uni-Select
The Fix Network and Uni-Select Inc. (TSE:UNS) announced an agreement for the Fix Network in Canada acquire Uni-Select’s Carrossier ProColor business. The transaction closed yesterday. “The addition of ProColor will see our network grow to over 450 collision repair facilities across the country; making us the largest collision repair services provider in the Canadian market,” […]
BASF Seeks to Strengthen Refinish Business with Acquisition of Belgian Internet Accident Management Service and Vehicle Lifecycle Management Platform
BASF announced September 30 that it acquired a majority share of the internet platform UBench with offices in Turnhout and Geel, Belgium. Both companies have agreed not to disclose financial details of the transaction. The transaction includes UBench International NV, CarRoll BVBA and DLight BVBA. Regulatory approvals are not required. BASF says the transaction strengthens […]
Enterprise Rebrands ARMS Business Solutions as Entegral
Enterprise Holdings today launched Entegral, the new name for its as ARMS Business Solutions (ABS) integrated software solution that streamlines the post-accident process. “The insurance claims process is complex, and with Entegral, our goal is to connect everyone involved so they can work quickly and efficiently to make things easier for customers,” said Joe Rector, […]
Collision Works Acquires Eight Collision Repair Centers in Oklahoma and Kansas
Collision Works has acquired Auto Craft Collision Repair’s eight locations including facilities in Wichita, Andover and Junction City, Kan., and Tulsa, Okla. With the newly acquired locations, Collision Works now operates 30 locations across Oklahoma and Kansas. “With more than 30 years of service, Auto Craft Collision Repair has long been the market leader in […]
U.S. Senate Judiciary Committee Discusses Anti-Competitiveness of Most Favored Nation Clauses
Senator Blumenthal raises MFN concerns with Federal Trade Commission & Department of Justice. The Automotive Service Association (ASA) reports that the U.S. Senate Subcommittee on Antitrust, Competition Policy & Consumer Rights held a hearing on “Oversight of the Enforcement of the Antitrust Laws” that delved into the use of most favored nation (MFN) clauses in […]
AASP/NJ’s 15th Annual Lou Scoras Golf Outing Raises Funds for Collision Repair Scholarships
The Alliance of Automotive Service Providers of New Jersey (AASP/NJ) held another successful golf outing on Monday, September 16, bringing close to 100 members of the automotive community together at the Colonia Country Club. The 15th Annual AASP/NJ Lou Scoras Golf Outing once again paid tribute to the memory of the former board member for […]
UK’s NBRA Launches Collision Repair Shop Environmental Award
The UK National Body Repair Association (NBRA) announced a new award program highlighting collision repair facility efforts to reduce their environmental impact. “The NBRA’s first Greener Bodyshop Awards ceremony will recognize body repairers in the industry who are committed to reducing their impact on the environment, by implementing measures for pollution and energy reduction”, says […]
Fewer Selling Days and Early Labor Day Hurt September Auto Sales
While sales are projected to decline for the month versus 2018, new vehicle sales remain near historically high levels. Spending on new vehicles during third quarter at record levels. New-vehicle retail sales in September are expected to fall from a year ago, according to a forecast developed jointly by J.D. Power and LMC Automotive. Retail […]
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