PPG (NYSE: PPG) today announced that it has completed its previously announced acquisition of automotive coatings manufacturer Hemmelrath. Financial terms were not disclosed. Headquartered in Klingenberg, Germany, Hemmelrath is a manufacturer of coatings for automotive original equipment manufacturers (OEMs). With more than 450 employees, the company operates manufacturing facilities in Klingenberg and Erlenbach, Germany; Jilin, […]
Boyd Group Acquires 3 More Carubba Collision Repair Centers in New York State
The new Gerber Collision & Glass locations add to the 18 Carubba Collision centers the firm acquired last month. The Boyd Group Inc. announced the acquisition of three collision repair centers, including one intake center, located in the Buffalo, New York, area. The shops are located in Buffalo, Cheektowaga and East Amherst. The locations previously […]
Caliber Collision Acquires Price’s Collision Centers in Tennessee
FOCUS Investment Banking announced that Price’s Collision Centers of Nashville, Tenn. has been acquired by Caliber Holdings Corporation of Lewisville, Texas. FOCUS represented Price’s Collision Centers in this transaction. Operating 10 centers in central Tennessee and Kentucky, Price’s has served the region for more than 30 years. The transaction was led by FOCUS Managing Directors, […]
Painters Supply & Equipment Acquires Indiana PBE Distributor
Painters Supply & Equipment Co. (PSE) announced the acquisition of Ellis Distributors with two locations in the state of Indiana. Ellis is a PPG Platinum Distributor that has been supplying the automotive refinish and industrial coatings markets since 1993. They are headquartered in Bloomington with an additional location in Terre Haute. “We are pleased to […]
American Family Acquires Ameriprise Auto & Home for $1.05 Billion
American Family Insurance Mutual Holding Company announced it has reached agreement to acquire Ameriprise Auto & Home (AAH), a De Pere, Wisconsin-based property-casualty insurance provider that primarily sells its products through a partnership with wholesale retailer Costco. “With our proven track record and strong investments in our people, technology and other innovations, we know what […]
LKQ Enters Diagnostic Services Business with Elite Electronics Acquisition
LKQ Corporation (NASDAQ:LKQ) announced that it has acquired Elite Electronics, the Richardson, Texas based automotive diagnostic and repair services firm. This acquisition launches LKQ into the vehicle services market, converging LKQ’s parts and distribution business with Elite’s services to further facilitate customers’ needs. Elite Electronics provides mobile and on-site diagnostics for automotive collision and mechanical […]
Boyd Group Acquires Seven Collision Repair Centers in Oregon and Washington State
The Boyd Group Inc. announced the March 29 acquisition of seven collision repair centers in Oregon and Washington. Two facilities are in Beaverton and Portland, Ore., and five in Washington State ‒ two in Seattle, and one each in Burien, Kent and Olympia. These repair centers were all previously operated by Noel Pennington, who started […]
Enterprise Rent-A-Car UK to Buy Commercial Vehicle Rental Company SHB Hire
Enterprise Rent-A-Car UK announced that it has signed an agreement to acquire Romsey-based SHB Hire, an award-winning family-owned vehicle hire and management business. The acquisition will provide Enterprise with the opportunity to create one of the largest commercial vehicle rental companies in the country. With more than 100,000 vehicles, Enterprise is already the UK’s largest […]
Fix Auto UK Acquires Collision Repair Center in Daventry
Fix Auto UK announced that it has acquired its first wholly owned independent collision repair center with the purchase of Daventry Panel Craft Ltd, a 10,000 sq. ft. facility that will become Fix Auto Daventry. The decision follows Fix Auto UK’s announcement last summer that revealed it had taken a majority share in existing franchisee […]
Boyd Group Acquires Collision Repair Center in Guelph, Ontario
The Boyd Group Inc. announced that on March 15, it acquired a a collision repair center in Guelph, Ontario, Canada. Guelph is the fourth-largest City in Southwestern Ontario. The new Assured Automotive brand location previously operated as Majestic Collision. “We are very excited to add this location, which has served the Guelph market well for […]