The Boyd Group Inc. announced the acquisition of two collision repair centers in Texas. The new Gerber Collision & Glass repair centers operated as Pro Care Collision, founded in 2001 with a location in Flower Mound followed by the addition of a Denton location in 2017. Both cities are located within the Dallas-Fort Worth metropolitan […]
Safelite Acquires Auto Glass Provider in Michigan
Safelite Group announced the acquisition of Troy Auto Glass in Troy, Mich. The transaction was completed on Wednesday, April 28. “Welcoming associates from Troy Auto Glass is such a great pleasure,” said Tom Feeney, president and CEO of Safelite Group. “Their talented team takes pride in providing old-fashioned and friendly service, earning them a highly […]
Boyd Group Acquires Collision Repair Center in California
The Boyd Group Inc. announced the acquisition of a collision repair center in Escondido, California. This new Gerber Collision & Glass repair center operated as Milo Johnson Auto Body since 1945 and from its current location since 1971. Escondido is approximately 30 miles northeast of San Diego, among the most populous cities in California and […]
Hartford Rejects Additional Takeover Offers from Chubb Group
Board of Directors rejects two more Chubb proposals. The Hartford Financial Services Group Inc. (NYSE: HIG) today announced the receipt of two additional unsolicited proposals from Chubb Limited (NYSE: CB) to acquire the company. According to Hartford, it received a letter dated March 30, where Chubb said it was prepared to offer “in excess of […]
PPG Acquires Automotive Coatings Manufacturer Cetelon
PPG (NYSE: PPG) today announced that it has acquired Cetelon Lackfabrik GmbH, a manufacturer of coatings for automotive and light truck wheel applications. Financial details of the transaction were not disclosed. Cetelon develops and manufactures a wide range of coating systems for the wheel industry, including certain proprietary technologies. It operates production and sales offices […]
Boyd Group Acquires Collision Repair Center in Vero Beach, Florida
The Boyd Group Inc. announced the acquisition of a collision repair center in Vero Beach, Fla. The new Gerber Collision & Glass location operated as Perfection Paint & Body for over 20 years. Vero Beach is the county seat of Indian River County and home to aviation manufacturer Piper Aircraft. Tourists visit Vero Beach to […]
Penske Automotive Acquisition of Kansas City Freightliner Includes Collision Repair Centers in Kansas and Missouri
Penske Automotive Group, Inc. (NYSE:PAG) and Premier Truck Group (PTG), its wholly-owned commercial vehicle subsidiary, have completed the acquisition of Kansas City Freightliner (KCFL), a retailer of medium and heavy-duty commercial trucks. The KCFL acquisition is expected to generate $450 million in annualized revenue, building further scale within Premier Truck Group. The acquisition adds five […]
Farmers Closes Acquisition of MetLife Auto & Home Property and Casualty Business
The Farmers Exchanges and Farmers Group, Inc. (FGI) announced they have jointly completed the previously announced acquisition of MetLife’s property and casualty business for a purchase price of $3.94 billion as of April 7, assuming responsibility for 2.4 million policies in force. The closure provides the Farmers brand significant opportunity to expand its customer reach with […]
Boyd Group Acquires Collision Repair Center in Milwaukee
The Boyd Group Inc. announced the acquisition of a collision repair center in Milwaukee, Wisconsin. The new Gerber Collision & Glass location operated as Prestige Auto Works and has served this market for nearly 40 years. Milwaukee is the largest city in Wisconsin with a metropolitan population of over 2 million people and is the […]
Boyd Group Acquires Collision Repair Center in California
The Boyd Group Inc. announced the acquisition of a collision repair center in Simi Valley, California. The new Gerber Collision & Glass location originated in 1982 as Star Auto Body and has operated at the current location since 2000. Simi Valley is part of the Greater Los Angeles area, located in the southeast corner of […]
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