Classic Collision, LLC, announced the acquisition of Buchholz Paint & Auto Body with two collision repair centers in the Gainesville, Fla. market. “We are a family business and believe that our customer needs to be treated as family. I’ve seen firsthand that Classic Collision treats everyone like family,” stated Brad Buchholz former owner of Buchholz […]
Boyd Group Reports Sales of Over $753 Million in Second Quarter
Overall sales were up more than 22%. Same store sales up almost 19%. Boyd Group Services Inc. (TSE: BYD) today announced sales increased by 22.9% to $753.2 million in the second quarter ended June 30, from $612.8 million in the same period of 2022. Same-store sales increased by 18.9%. The second quarter of 2023 had […]
Auto Club of Southern California Acquires US Subsidiary of Wawanesa Mutual
The Wawanesa Mutual Insurance Company announced August 1 that it has entered into a definitive agreement to sell Wawanesa General Insurance Company, its U.S. subsidiary, to the Automobile Club of Southern California’s affiliated insurer, subject to regulatory approval and other customary closing conditions. “It’s the right time to focus our efforts on our home market […]
Crash Champions Acquires Collision Repair Center in Hollywood, Florida
Crash Champions today announced that the company has expanded its Florida footprint with the successful acquisition of Ideal Auto Collision, a more than 17,500 sq. ft. collision repair facility that has been serving Hollywood, Fla. for more than four decades. The acquisition officially closed on Friday, August 4, with operations transitioning to Crash Champions effective […]
AkzoNobel Completes Acquisition of Chinese Decorative Paints Business
AkzoNobel announced it has completed the acquisition of the Chinese Decorative Paints business of Sherwin-Williams that had been announced in April. The acquisition will further boost the company’s position in China and will allow the company further market segmentation and reinforce its position outside of the premium segment. The business has an annual revenue of […]
LKQ Corporation Completes Uni-Select Acquisition
Uni-Select operates over 145 FinishMaster stores in the U.S. and serves Canadian auto and collision repair shops from more than 1,000 independent and 95 company operated stores. LKQ Corporation (NASDAQ:LKQ) and Uni-Select Inc. (TSE: UNS) today announced the completion of the previously-announced acquisition of Uni-Select by 9485-4692 Québec Inc., a wholly-owned subsidiary of LKQ. In […]
Crash Champions Acquires Collision Repair Center in Southern California
Crash Champions today announced that the company has finalized the acquisition of Autobahn Collision Center, a 13,000 sq. ft. collision repair center located at 11511 Ventura Boulevard in Studio City, California. The deal closed Friday, July 28 and the location will begin operating as part of the Crash Champions network effective immediately. “The Crash Champions […]
LKQ Corporation Waives UK Merger Clearance Condition for Uni-Select Acquisition
August 1 targeted completion date for acquisition. Uni-Select Inc. (TSE:UNS) announced today that LKQ Corporation (NASDAQ:LKQ) has elected to formally waive the closing condition relating to the receipt of UK merger clearance for the previously announced acquisition of Uni-Select by LKQ and its subsidiaries. LKQ also stated in its second quarter earnings announcement today that […]
Jeff McFadden Partners with Jeremy Lennox at Harvey’s Collision Centers
Dallas, Texas-based Harvey’s Collision Centers announced the addition of Jeff McFadden as their new partner, assuming the role of CEO and co-owner. With a career spanning 37 years in the industry, McFadden previously served as president of Service King Collision. “We are thrilled to welcome Jeff McFadden as our partner,” said Jeremy Lennox, owner of […]
UK Competition Regulator Says Solutions Offered to Address Competition Concerns in LKQ Acquisition of Uni-Select
LKQ had previously announced its intention to divest Uni-Select’s GSF Cark Parts UK business as part of acquisition. A fast-track Phase 1 investigation by the UK Competition and Markets Authority (CMA) confirmed July 21 that LKQ Corporation’s purchase of Uni-Select Inc. could raise competition concerns in the UK. LKQ, through Euro Car Parts, and Uni-Select, […]
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