LKQ Corporation (NASDAQ:LKQ) announced that it has signed an agreement to acquire the holding company of Rhiag-Inter Auto Parts Italia S.p.A, a European distributor of aftermarket parts, for €1.04 billion ($1.13 billion). Rhiag has operations in Italy, Czech Republic, Switzerland, Hungary, Romania, Ukraine, Bulgaria, Slovakia, Poland and Spain. The company operates through 247 distribution centers […]
Uni-Select Acquires Colwood-Langford Auto Supply Ltd. and B.H. McFarlane Automotive Inc.
Uni-Select Inc. (TSE:UNS), a distributor of automotive products in Canada and parent company of FinishMaster, Inc., announced that it has completed the acquisition, through one of its Canadian subsidiaries, of the remaining 50 percent equity interest of Colwood-Langford Auto Supply Ltd and the assets of B.H. McFarlane Automotive Inc. Colwood, a member of Uni-Select since […]
Australia – AMA Group Acquires Micra Accident Repair Centre
The AMA Group Limited announced the acquisition of Micra Accident Repair Centre Pty. Ltd., a collision repair business servicing the North Tasmania market. Having completed its due diligence the completion of the acquisition is scheduled to occur on January 4, 2016. The purchase price includes an initial consideration of AU$2.0 million ($1.44 million), adjusted for […]
Uni-Select Completes Refinish Solutions Acquisition
Uni-Select Inc. (TSE:UNS), the distributor of automotive products in Canada and parent of FinishMaster, Inc., announced it has completed the previously announced acquisition of Aquia Auto Parts, Inc., doing business under the name Refinish Solutions. “Our success starts with our team, and our newest team members are trusted experts in their market, who will continue […]
Australia – AMA Group Completes Gemini Acquisition
The AMA Group Limited announced that it has finalized the acquisition of Gemini Accident Repair Centres Pty. Ltd. that was announced in September. Gemini has 40 collision repair centers across Australia and one in New Zealand. With the addition of Gemini’s collision repair centers located across Australasia AMA will have a national footprint of in […]
Kennealy Acquires Las Vegas Collision Repair Center
Dennis Kennealy, longtime industry veteran, recently acquired Collision Masters – Las Vegas. Kennealy and Las Vegas collision shop owner, Bob Dresser have teamed up to own and operate the first of a planned 2-5 collision repair facilities centered in the Greater Las Vegas market that will operate under the Collision Masters brand. After years of […]
Solera Stockholders Approve Sale to Vista Equity Partners
Solera Holdings, Inc. (NYSE: SLH) announced that Solera shareholders voted to adopt the merger agreement announced in September for the company’s sales to an affiliate of Vista Equity Partners for $55.85 per share in cash. The merger was approved by a vote of nearly 44 million shares to 7.3 million against the proposal. A separate […]
Carlyle Group Completes Acquisition of Innovation Group
The Carlyle Group (NASDAQ: CG) last week announced the successful acquisition of Innovation Group (LON: TIG) for £500 million ($689 million). Originally announced in September, capital for the acquistion came from Carlyle Europe Partners IV (CEP IV), a European-focused upper-mid market buyout fund. Further terms of the transaction were not disclosed. Founded in 1996 and […]
FinishMaster Acquires Refinish Solutions
Uni-Select Inc. (TSE:UNS), the distributor of automotive products in Canada and parent of FinishMaster, Inc., announced today that FinishMaster has entered into an agreement to acquire two distributor locations from Aquia Auto Parts, Inc., that does business as Refinish Solutions in Virginia and Washington, D.C. The transaction is subject to customary closing conditions and is […]
Service King Acquires Charlotte, N.C. Collision Repair Center
Service King Collision Repair Centers today announced the organization has officially reached an agreement to acquire The Body Shop Collision Center in Charlotte, N.C. Representatives from Service King and The Body Shop Collision Center mutually agreed upon terms of the acquisition on Friday, Dec. 4, as operations will transition immediately. The Body Shop Collision Center […]
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