Will explore strategic options for remaining coatings activities in second quarter including automotive OEM and refinish. BASF and Sherwin-Williams have signed an agreement on the sale of the Brazilian decorative paints business, which is part of BASF’s Coatings division. The purchase price on a cash and debt-free basis is $1.15 billion. The transaction is structured […]
Asbury Automotive Group Acquires Herb Chambers Companies
Sale of 14th largest private dealership group in the U.S. includes 33 dealerships, 52 franchises, and 3 collision repair centers in Massachusetts and Rhode Island. The Asbury Automotive Group, Inc. (NYSE: ABG) announced it signed an agreement to acquire automotive dealerships owned by The Herb Chambers Companies (HCC), the fourteenth largest by revenue privately-owned dealership […]
Trive Capital Invests in Chilton Auto Body
Chilton has 20 collision repair centers in California. Trive Capital, a Dallas, Texas-based private equity firm, announced it invested in Chilton Auto Body. Headquartered in San Carlos, Calif, Chilton operates 20 collision shops across the Bay Area and Los Angeles and continues to grow throughout state. Founded in 1969, Chilton services all vehicle makes and […]
Classic Collision Acquires Two Repair Facilities in North Carolina
Classic Collision, LLC announced the acquisition of Desired Image Collision and Customs Inc, in Troutman, N.C. and Cornelius Paint and Body Shop in Cornelius, N.C. Desired Image Collision and Customs Inc. was a full-service repair shop. Cornelius Paint and Body Shop, a family-owned and operated business, opened its doors in 1983 as the first collision […]
Nissan and Honda Terminate MOU on Possible Merger
Nissan Motor Co., Ltd. and Honda Motor Co., Ltd. announced the termination of the memorandum of understanding (MOU) signed on December 23 last year for consideration of a business integration between the two companies. Since signing the MOU, the management teams of both companies, including the chief executive officers, have discussed and considered the surrounding […]
Quality Collision Group Acquires First Repair Center in Virginia
Quality Collision Group (QCG) has expanded into Virginia with the acquisition of Dorn’s Body and Paint, a well-established collision repair facility in the Richmond area. This marks QCG’s first location in the state. Dorn’s Body and Paint, founded in 1965 by Raymond Dorn, has grown from a small body shop into a 35,000-square-foot facility on […]
Classic Collision Acquires Repair Center in Washington State
Classic Collision, LLC announced the acquisition of Elite Collision Center in Battle Ground, Wash. Elite Collision Center has been a family-owned and operated business for over two decades, proudly serving Clark County and the surrounding areas. “We take pride in supporting our community and being the preferred collision center in Battle Ground. From what we […]
The UK’s Vella Group Acquires 18th Collision Repair Center
The Vella Group in the United Kingdom announced the acquisition of First National Vehicles Ltd, which trades as Central Accident Repairs, in Wednesbury, West Midlands. This new location is The Vella Group’s 18th site and marks the company’s first acquisition of 2025, following a year of significant expansion in 2024. Last year’s growth included the […]
Bosch Acquires Roadside Protect
Acquisition expands roadside assistance presence in North America. Bosch Service Solutions has acquired Roadside Protect, Inc., a U.S.-based provider of towing and roadside administration services. The acquisition, finalized on January 31, expands Bosch’s presence in the North American roadside assistance market by adding access to Roadside Protect’s network of more than 12,000 towing partners in […]
VIVE Collision Acquires Three Locations
Latest additions bring their total footprint to 55 collision repair centers in the Northeast. VIVE Collision announced the acquisition of three new collision repair centers as part of its accelerated growth strategy for 2025. The new additions bring VIVE Collision’s total footprint to 55 locations across nine states in the Northeast. The additions include: VIVE […]
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