Raises price and commits to break-up fee if antitrust approvals cannot be secured. PPG (NYSE:PPG) today announced that it submitted a revised proposal for a merger with Akzo Nobel N.V. (AKZA.AS; OTCMKTS:AKZOY). The proposal letter, which was provided to Antony Burgmans, Chairman of the Supervisory Board and Ton Büchner, Chief Executive Officer and Chairman of […]
Cambridge Automotive Group Acquires Maaco Location in Dallas, Texas
The Cambridge Automotive Group (CAG) announced the grand opening of a new Maaco location in Dallas, Texas. With this transaction, CAG now owns 34 Maaco shops across the country. Maaco Dallas is located at 8068 E R L Thornton Fwy, Dallas, Texas Cambridge Automotive Group (CAG) was formed in 2015 to pursue a growth strategy […]
Enterprise Rent-A-Car acquires CARO Autovermietung in Germany
Enterprise Rent-A-Car Germany announced an agreement to acquire Bremen-based CARO Autovermietung GmbH. The agreement, for an undisclosed sum, is subject to approval by the German Federal Cartel Office (Bundeskartellamt) and is expected to be closed in the coming weeks. Until such approval, the Enterprise and CARO Autovermietung brands will be operated independently, but when the […]
PPG Continues to Pursue AkzoNobel Acquisition
Ton Büchner, CEO of AkzoNobel, to outline new strategy April 19, provides Q&A video discussing future of the company On Wednesday, PPG (NYSE:PPG) reiterated its invitation to AkzoNobel (OTCMKTS:AKZOY) to enter into discussions to explore PPG’s proposal to combine the companies. This follows the previous announcements on March 9 and its second proposal on March 22. […]
Repairify Acquires Three Mobile Diagnostic Companies
Repairify, Inc., owners of the asTech device, completed its acquisition of PNR Inc. doing business as TRS Theft Replacement Services, LLC, Replace My Stuff (RMS) LLC, and The Airbag Guy, LLC. The acquired companies provide mobile electrical automotive diagnostic services in Texas, New Mexico, Maryland and Virginia and will continue operating under the asTech brand. […]
Enterprise Rent-A-Car Ireland Acquires Dooley Car Rentals
Enterprise Rent-A-Car Ireland has bolstered its fleet of vehicles and increased its inbound business from North America with the acquisition of Dooley Car Rentals, the car rental division of the Dan Dooley Group. Under the arrangement, Enterprise Rent-A-Car Ireland has bought the car rental business of the Dan Dooley Group. This includes a fleet of […]
Auto-Owners Insurance and Concord General Mutual Insurance Affiliation Approved
Auto-Owners Insurance and Concord General Mutual Insurance announced that their affiliation was approved effective April 1, by policyholders and all regulatory bodies. Auto-Owners operates solely through independent agencies in 26 states. Auto-Owners also owns a life company and an excess and surplus lines company. Concord General Mutual Insurance is a property and casualty insurance provider through […]
Service King Acquires Southern California Collision Repair Center
Service King Collision Repair Centers announced the acquisition of First Class Collision, a single-location repair center located at 41729 Eastern Dr. in Murrieta, Calif. The facility will begin operating as Service King effective immediately. “This is yet another step forward for the Service King team as we build a world-class network of repair centers for […]
Fix Auto World Acquires 11 Glass and Aftermarket Companies from Skidmore Group
Fix Auto World announced an agreement to purchase 11 glass and automotive aftermarket companies, previously owned by the Skidmore Group, a privately held, diversified portfolio company, with over 70 years of history. Fix Auto World is purchasing the assets of Novus Glass Inc., Novus Franchising Inc., Speedy Auto Glass USA Inc., TCGI Australia PTY Ltd., […]
LKQ Acquires Irish Collision Repair Supply Firms
Euro Car Parts, an LKQ company, today announced that it has acquired the business of Team P R Reilly, a leading, family-owned, car parts, accessories and body shop business based out of Dublin, Ireland, and Karkraft (N.I.) Limited of Belfast, UK, a paint and collision repair supply specialist. The agreement expands Euro Car Parts operations […]
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