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You are here: Home / Archives for Acquisitions

Harvey’s Collision Centers Acquires New Location in Mesquite, Texas

August 17, 2023 By CollisionWeek Editor

Harvey’s Collision Centers announced the acquisition of Pro Star Collision in Mesquite, Texas. This strategic move marks Harvey’s third location in the thriving Dallas/Fort Worth market, further solidifying its commitment to providing top-notch auto body repair services across the DFW metroplex. “We are thrilled to announce the acquisition of Pro Star Collision and welcome their […]

Filed Under: News Tagged With: Acquisitions, Harvey's Collision Centers, Texas

EV Manufacturer VinFast Completes SPAC Combination, Will Be Listed on NASDAQ

August 15, 2023 By CollisionWeek Editor

VinFast Auto Ltd. and Black Spade Acquisition Co (NYSE: BSAQ) announced the completion of their previously announced business combination. The listed company following the Business Combination is VinFast Auto Ltd., and its shares and warrants will commence trading on the NASDAQ stock exchange under the ticker symbols VFS and VFSWW, respectively, today. The Vietnam-based electric […]

Filed Under: News Tagged With: Acquisitions, Electric Vehicles, VinFast

Classic Collision Adds Two New Repair Centers in Florida

August 14, 2023 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Classic Collision, Florida

Boyd Group Reports Sales of Over $753 Million in Second Quarter

August 10, 2023 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Boyd Group, Earnings

Auto Club of Southern California Acquires US Subsidiary of Wawanesa Mutual

August 7, 2023 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Auto Club of Southern California, California, Canada, Wawanessa Mutual Insurance Company

Crash Champions Acquires Collision Repair Center in Hollywood, Florida

August 7, 2023 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Crash Champions, Florida

AkzoNobel Completes Acquisition of Chinese Decorative Paints Business

August 4, 2023 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, AkzoNobel, China, Sherwin-Williams

LKQ Corporation Completes Uni-Select Acquisition

August 1, 2023 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Canada, FinishMaster, LKQ Corporation, Uni-Select, United Kingdom

Crash Champions Acquires Collision Repair Center in Southern California

July 31, 2023 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, California, Crash Champions

LKQ Corporation Waives UK Merger Clearance Condition for Uni-Select Acquisition

July 27, 2023 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, LKQ Corporation, Uni-Select

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