LKQ Corporation (NASDAQ:LKQ) announced an agreement to sell its equity interests in two Czech wholesale automotive parts distributors to Swiss Automotive Group AG. Terms of the transaction were not disclosed. In May 2018, the European Commission cleared LKQ’s acquisition of Stahlgruber GmbH, with the exception of Stahlgruber’s two wholesale businesses in the Czech Republic, which […]
PPG to Acquire Industria Chimica Reggiana
Italy-based automotive refinish coatings manufacturer sells products in more than 70 countries. PPG (NYSE:PPG) today announced that it has reached an agreement to acquire Industria Chimica Reggiana (ICR) S.p.A., a manufacturer of paints and coatings for the automotive refinish and light industrial coatings industries. The transaction is expected to close in the first quarter 2020, […]
Dealer Tire Acquires Dent Wizard
Dent Wizard to continue to operate independently under leadership of CEO Mike Black. Dealer Tire, LLC, the replacement tire distribution company for automotive dealerships, announced it will acquire Dent Wizard, the provider of automotive reconditioning services and vehicle protection products. The combination of the two companies will create a leading aftersales dealer services platform in […]
Opus Acquires AutoEnginuity
Drew Technologies, Inc., an Opus IVS division company, acquired US-based AutoEnginuity, LLC for a purchase price of approximately $20 million on a cash-free and debt-free basis. All conditions for completion of the acquisition of AutoEnginuity have been met. AutoEnginuity, founded in 2003 and headquartered in Mesa, Ariz., has developed into a leader in advanced aftermarket […]
Boyd Group Acquires Collision Repair Center in Kingston, Ontario
The Boyd Group Inc. announced the acquisition of a collision repair center in Kingston, Ont., Canada. The new Assured Automotive brand location previously operated as Limestone Auto Body. Kingston, nicknamed the “Limestone City” because of many heritage structures built using local limestone, is located about 260 km east of Toronto and 200 km southwest of […]
LKQ Acquires Auto Data Labels
LKQ Corporation announced it reached an agreement to acquire Auto Data Labels Inc., the manufacturer and distributor of replacement vehicle information labels in North America used by collision repair facilities. Auto Data Labels produces various types of replacement vehicle information labels for all years, vehicle makes and models, including labels for Vehicle Identification (VIN), Federal […]
ProCare Collision Acquires Three Collision Repair Centers in San Antonio
ProCare Collision announced that it is acquiring Alamo Body & Paint, a San Antonio, Texas-based multiple shop operator (MSO) with three locations in the Central Texas area. The acquisition will allow ProCare Collision to expand its services to new location markets in Boerne, Kerrville, and Schertz. “We welcome Alamo Body & Paint into our ProCare […]
Classic Collision Acquires 7 Collision Repair Centers in Florida
Acquisition marks entry into the state. Classic Collision Inc., the Atlanta, Ga.-based collision repair company, announced that it has entered the Florida market with the acquisition of seven collision repair centers in southern region of the state. The seven Carolina Auto Body collision repair centers are located in Fort Lauderdale, Boca Raton, Deerfield Beach, Hallandale […]
Fix Auto UK Acquires Two Collision Repair Centers
Fix Auto UK is getting closer to achieving its goal to own or partially own up to six collision repair centers by the end of the year after acquiring two additional body shops. The network has maintained its presence in south Yorkshire by buying Fix Auto Barnsley and also in West Sussex by purchasing Fix […]
Enterprise Holdings Acquires Canadian Vehicle Rental Company
Enterprise Holdings Inc., the parent of Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands, and Discount Car and Truck Rentals Ltd., announced they have signed an agreement for Enterprise Holdings’ Canadian subsidiary to acquire Discount Car and Truck Rentals. This includes all corporate-owned locations and the Quebec licensee’s daily rental businesses. The […]
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