OEConnection Holdings, LLC announced today that it is acquiring Clifford Thames Group, a leader in automotive data creation and management. Headquartered in Chelmsford, England with offices in Detroit, Michigan; Melbourne, Australia; Krakow, Poland; Bonn, Germany; Paris, France; and Chennai, India, Clifford Thames (CT) creates and manages the data needed to repair and maintain vehicles for […]
Solera Acquires Dutch Auto Insurance Software Company Colimbra
Solera Holdings, Inc. announced the acquisition of the Netherlands-based insurance software company, Colimbra Holding B.V. This is Solera’s second acquisition in the Netherlands during the last six months. In January, Solera announced the acquisition of Digidentity B.V., a provider of next-generation technologies that secure and authenticate online identities. Colimbra specializes in intelligent data management software […]
Solera Proposes Sale of E3 Technical in UK to Satisfy Competition Authorities Concerns on Autodata Acquisition
UK Authority will consider proposal to divest technical information provider to preserve competition. The United Kingdom Competition and Markets Authority (CMA) announced yesterday that it is considering proposals from Solera to overcome competition concerns over its January acquisition of Autodata. According to the CMA, Solera has proposed to sell E3 Technical, which is part of […]
CARSTAR St. Thomas Changes Ownership
CARSTAR St. Thomas, located 15 Queen St, St. Thomas Ontario, Canada, is under new ownership. The collision center has recently been sold to Mike and Liz DeRuiter, owners of CARSTAR Strathroy. After 17 years of ownership of CARSTAR St. Thomas, George and Donna Fischtner are retiring.. Kyle Holmes, who has been with the company for […]
Uni-Select Acquires UK Parts Distributor
Uni-Select Inc. (TSE:UNS), the parts distributor and parent of FinishMaster, announced an agreement to acquire The Parts Alliance, the second largest independent distributor of automotive aftermarket parts in the UK. The £205.0 million ($264.1 million) transaction is fully funded with debt. The deal marks Uni-Select’s entry into European market with a leadership position in the […]
PPG Drops AkzoNobel Takeover Bid
Paint manufacturer will not make a public takeover offer for competitor. PPG (NYSE:PPG) today announced that it has withdrawn its proposal to acquire AkzoNobel (OTCMKTS:AKZOY) and will not pursue a public offer for the company. Under Dutch law, PPG had to make a decision today to pursue a formal takeover attempt or pause for a […]
Sherwin-Williams Receives Regulatory Approval to Complete Valspar Acquisition.
Acquisition expected to close June 1. Valspar announces refinish production expansion The Sherwin-Williams Company (NYSE:SHW) announced it has received regulatory approval from the United States Federal Trade Commission (FTC) and the Canadian Competition Bureau (CCB) to complete its acquisition of The Valspar Corporation (NYSE: VAL). The FTC and CCB were the only remaining regulatory approvals […]
Boyd Group Acquires Assured Automotive’s 68 Collision Repair Centers in Canada
Acquisition of Canada’s largest non-franchise collision repair company more than doubles Boyd’s footprint in the country. The Boyd Group Income Fund (TSE:BYD.UN) yesterday announced that it has, through a subsidiary company, acquired Assured Automotive Inc., the largest operator of non-franchised collision repair centres in Canada, based in Ontario. The acquisition is expected to be immediately […]
Court Rules in AkzoNobel’s Favor in Suit to Unseat Chairman Over PPG Takeover Bid
AkzoNobel (OTCMKTS:AKZOY)yesterday prevailed in a lawsuit brought by investor Elliott Advisors that sought to unseat AkzoNobel’s chairman over the paint manufacturer’s continued resistance to the takeover bid by PPG Industries (NYSE:PPG) that was launched earlier this year. The decision by Amsterdam Enterprise Chamber rejected Elliott’s request to force AkzoNobel to hold a special shareholder meeting […]
Service King Acquires Collision Repair Center in Colorado
New location is Service King’s sixth in the state and its 324th in the U.S. Service King Collision Repair Centers announced the acquisition of Wilson’s Auto Collision Inc., located at 4365 E. Platte Ave. in Colorado Springs, Colo. The facility is Service King’s sixth location in state. Wilson’s Auto Collision joins the Service King organization with […]
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