The United Kingdom Competition and Markets Authority (CMA) announced today that it was launching an in-depth review of Euro Car Parts’ acquisition of Andrew Page. The possibility of the in-depth review was announced earlier this month by the CMA On May 11, the CMA announced that it would refer the deal for an in-depth investigation […]
Solera Acquisition of Autodata Faces Possible In-Depth Probe by UK Competition Authority
Solera Holdings Inc. acquisition of Autodata faces an in-depth merger probe, unless it offers acceptable ways of addressing competition concerns raised by regulators in the United Kingdom. Solera announced it was acquiring Autodata in January and was completed in February. The companies supply vehicle maintenance and repair information platforms across the UK and the Competition […]
Alamo Body and Paint Acquires Second Location in Texas
Alamo Body and Paint, LLC, will open its second location in Schertz, Texas, on May 22, with the acquisition of Auto Collision Works. “We are excited to be adding a second location. We look forward to serving the Schertz market and are committed to continuing Auto Collision Works’ tradition of exceptional customer service and quality […]
Main Auto Body Acquires Eighth Collision Repair Center in Oregon
Main Auto Body, Inc. opened its newest location at 902 SE Textron Street, Suite A in Bend, Ore with the acquisition of Bend Body Shop. With the acquisition, Main Auto Body, Inc has eight locations in the state. Since 1977, Main Auto Body, Inc. has been serving the Willamette Valley, Oregon Coast and now, Central […]
Cambridge Automotive Group Acquires Two Maaco Locations in Texas
The Cambridge Automotive Group (CAG) announced it has acquired two Maaco locations in Austin and Lancaster Texas. has acquired an existing Maaco location in Lancaster, TX. With these acquisitions, CAG now owns more than 30 Maaco shops across the country. Maaco Austin is located at 10200 N. Lamar Blvd. in Austin and Maaco Lancaster is […]
LKQ Subsidiary Acquisition Faces Possible In-Depth Probe by UK Competition Authority
The United Kingdom Competition and Markets Authority (CMA) announced today that Euro Car Parts’ acquisition of Andrew Page faces an in-depth merger probe, unless it offers acceptable ways of addressing competition concerns. Euro Car Parts, the UK-based subsidiary of LKQ Corporation (NASDAQ:LKQ) announced in October 2016 it was acquiring Andrew Page Limited, a distributor of […]
PPG Issues Statement on AkzoNobel Decision
Says it will assess and decide whether or not to continue to pursue an offer. PPG (NYSE:PPG) today issued a statement on its merger proposal to AkzoNobel (AKZA.AS:AKZOY). On Monday, AkzoNobel rejected PPG’s third offer. According to the PPG statement: PPG has reviewed AkzoNobel’s May 8, 2017, response to PPG’s revised proposal of April 24, […]
Service King Acquires Three Location MSO in Sacramento, California Market
Service King Collision Repair Centers announced the acquisition of Sacramento California-based Gamboa’s Body and Frame. Service King now has 12 collision repair centers serving across the San Francisco, San Jose and Sacramento metro areas. As part of the deal, Gamboa’s Body and Frame locations serving downtown Sacramento, Rancho Cordova, and Roseville will begin operating as […]
AkzoNobel Rejects Third Offer from PPG
Decision follows review including direct engagement with Board members of PPG. AkzoNobel today announced it has declined a third proposal submitted by PPG Industries on April 24, for all outstanding ordinary shares in the capital of AkzoNobel. According to AkzoNobel, the company concluded its own strategy, presented on April 19, “…offers a superior route to […]
MITA Collision Acquires Harrington Body Shop in Maryland
MITA Collision partners, Eustace Mita and Dominic DelGiorno, announced the acquisition of Harrington Body Shop in Rising Sun, Md. to do business as Harrington, a MITA Collision Company. Harrington Body Shop is a 20,000 square foot facility in business since 1954. “I was excited at the opportunity to serve both existing and new customers in […]
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