AkzoNobel announced an agreement to acquire the wheel liquid coatings business of Lankwitzer Lackfabrik GmbH. Completion, which is subject to regulatory approvals, and expected before the end of 2022. Lankwitzer’s Rims and Wheel business operates out of a manufacturing site in Leipzig, Germany. Its products are approved for use by car manufacturers such as Daimler, […]
Parts Authority Acquires National Autobody Parts Warehouse
Parts Authority announced they have acquired National Autobody Parts Warehouse, Inc., headquartered in Grand Prairie, Texas. The transaction was finalized on July 01, 2022. National Autobody Parts Warehouse, Inc. opened its doors over 28 years ago. Today, they are one of the largest suppliers of collision repair parts in Texas, servicing all of Texas, most […]
Group 1 Automotive Disposes of Brazil Operations
Group 1 Automotive, Inc. (NYSE: GPI), the automotive retailer with 201 dealerships and 46 collision centers located in the U.S. and U.K., announced that it has closed on the disposition of its Brazil operations. The company announced that its wholly-owned subsidiary GPI SA, LLC closed the sale transaction under the Share Purchase Agreement with Original […]
Classic Collision Acquires Collision Repair Centers in South Carolina and Texas
Classic Collision, LLC announced two new acquisitions including Jones Auto Wrecking Company in Florence, S.C. and Gabe’s Collision Center in San Antonio, Texas. Jones Auto Wrecking provides collision repair and towing services and has been in business for more than a century. “We’re proud to be the oldest, most-trusted auto wrecking company in Florence, SC. […]
Solera Makes $443 Million Bid for Australia’s Infomedia
Infomedia Ltd (ASX:IFM) announced June 20 that it has received an offer from Solera Holdings LLC to acquire 100% of Infomedia for a price of AU$1.70 per share payable in cash that values the company at AU$638.8 million ($443 million). Founded in 1987, Infomedia supplies solutions to the parts and service sector of the automotive […]
Crash Champions Expand California Footprint with Acquisition of the Mike’s Auto Body
Adds 17 locations in the state. Crash Champions announced today an agreement to acquire Mike’s Auto Body, a leading family-owned collision repair multi-shop operator (MSO) in the greater San Francisco Bay Area. Slated to close in early August 2022, all 17 Mike’s Auto Body locations will operate under the Crash Champions name and banner, bringing […]
Driven Brands Acquires Auto Glass Repairer in Indiana
Driven Brands announced the acquisition of six Perfection Auto Glass locations. According to Driven Brands, the total addressable market for auto glass repair in North America is approximately $5 billion and growing. Perfection Auto Glass, based in Indiana, was founded almost 20 years ago and grew to become one of the largest locally owned auto […]
Sherwin-Williams Acquires German Coatings Company
The Sherwin-Williams Company (NYSE:SHW) announced an agreement to acquire Gross & Perthun GmbH, a Mannheim, Germany based developer, manufacturer, and distributor of coatings primarily for the heavy equipment and transportation industries. The acquired business has approximately 100 employees and annual sales of approximately $50 million, and will become part of the Sherwin-Williams Performance Coatings Group […]
J.D. Power Acquires UK-Based Data and Predictive Analytics Provider to Bolster Automobile Repair and Warranty Data Sets
J.D. Power announced that it has acquired the data and predictive analytics business of We Predict, the UK-based provider of global automobile service and warranty analytics. We Predict’s software, which is used by auto manufacturers and suppliers to project future component failures and future warranty claims and costs, will be leveraged by J.D. Power to […]
AkzoNobel Acquires African Paints and Coatings Business from Kansai Paint
AkzoNobel announced it is strengthening its African footprint after reaching an agreement with Kansai Paint to acquire its paints and coatings activities in the region. Completion, which is subject to regulatory approvals, is expected during the course of 2023. Present in 12 countries in Africa, Kansai Paint has regional consolidated revenue of around €280 million […]
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