The Boyd Group Inc. announced the opening of a Gerber collision repair location in Monroe, North Carolina. The location previously operated as Griffin Motors Collision Center and shares a location with an automobile dealership. Monroe is located about 25 miles southeast from Charlotte, the largest city in North Carolina. “We are pleased to add this […]
Axalta Acquires Ellis Paint Company
Axalta Coating Systems (NYSE:AXTA) announced its acquisition of Ellis Paint Company, a manufacturer of industrial and automotive refinish paint in North America. Financial terms of the transaction were not disclosed. Founded in 1887, Ellis Paint Company is a well-known manufacturer and distributor of a strong portfolio of coating products suited for an extensive array of […]
Service King Adds Two Collision Repair Centers in Los Angeles Market
Service King Collision Repair Centers today officially announced the opening of two new collision repair centers in the Los Angeles area following its acquisition of New Tech Auto Body. With the announcement, Service King grows its local footprint to 19 locations in the greater Los Angeles area. “This is an exciting start to the year […]
Carubba Collision Acquires 12th Collision Repair Center in Upstate New York
Carubba Collision Corp. announced the acquisition of its 12th collision repair center in Upstate New York. According to Joseph Carubba, president and CEO, the company acquired the former Scavo’s Body Shop located at 86 W. Broadway Ave in Oneonta. Carubba Collision will retain the 15 employees who worked at the former business and will hire […]
Solera to Acquire UK-Based Autodata
Solera Holdings, Inc., today announced it will acquire UK-based Autodata, a provider of technical information and knowledge solutions for the automotive service, maintenance and repair (SMR) industry. “Throughout a car’s life, there are over 54 transactions that occur between motorists and automotive businesses,” said Tony Aquila, Solera’s founder, Chairman and CEO. “One of Solera’s missions […]
FinishMaster Canada Acquires Vancouver Autocolor
Uni-Select Inc. (TSE:UNS) announced the acquisition of Vancouver Autocolor Ltd. by its FinishMaster Canada Inc. subsidiary. Founded in 1999, Vancouver Autocolor is an independent distributor of automotive paint finishes from PPG Industries Inc. as well as paint related products and services to customers through three locations in British Columbia. “We are thrilled to add this […]
LKQ Sells OEM Glass Manufacturing Business to Vitro SAB
LKQ Corporation (NASDAQ:LKQ) today announced that it has entered an agreement to sell the OEM glass manufacturing business of its Pittsburgh Glass Works subsidiary (PGW) to a subsidiary of Vitro S.A.B. de C.V. (VITROA.MX), a leading glass manufacturer based in Mexico. The sale price is $310 million, subject to potential post-closing purchase price adjustments. As […]
BASF Acquires Surface Treatment Provider Chemetall
BASF has signed an agreement to acquire Albemarle’s global surface treatment business, Chemetall. The purchase price is $3.2 billion. The transaction is subject to approval by the relevant authorities and is expected to close by the end of 2016. Chemetall is a global technology and innovation leader in the metals surface treatment market, and is […]
AkzoNobel Completes Acquisition of BASF’s Industrial Coatings Business
AkzoNobel announced it has finalized the acquisition of BASF’s global Industrial Coatings business that was announced in February. The industrial coatings business supplies a range of products for industries including construction, domestic appliances, wind energy and commercial transport. The transaction includes relevant technologies, patents and trademarks, as well as two manufacturing plants in the United […]
National General Acquires Renewal Rights for Nationwide Non-Standard Auto Business
National General Holdings Corp. (NGHC) on December 8 announced that it has entered into a renewal rights transaction with Nationwide Mutual Insurance Company for its personal and commercial non-standard vehicle in-force policies. National General will partner with Nationwide’s exclusive and independent agent force to sell its policies to their non-standard auto customers. National General Chief […]
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