LKQ Corporation (Nasdaq: LKQ) announced that it has closed its previously announced 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. Dominick Zarcone, President and Chief Executive Officer of LKQ, stated, “This divestiture reinforces our ongoing commitment to rationalizing […]
Crash Champions Acquires Three Collision Repair Centers in Ohio
Crash Champions, the Illinois-based multiple collision repair shop operator, announced acquisition of three collision repair centers from Auto Body Collision and Glass (ABCG) in Columbus, Ohio. The acquisition, effective March 2, marks Crash Champions first expansion outside Illinois. Darrell Patterson, Executive Vice President of ABCG, along with his teammates, will be integrated into the Crash […]
ProCare Collision Acquires Penske Collision Center in Houston
ProCare Collision announced it has acquired a Penske Collision Center in Houston, Texas. ProCare now has five locations in and around the Houston market and 35 overall including the opening in Pflugerville, Texas, near Austin, that CollisionWeek reported on February 20. “We appreciate our time working with all the great people throughout this process. This […]
All Star Auto Lights Acquires Headlights 101
All Star Auto Lights, the specialty distributor of alternative automotive lighting parts, announced the acquisition of Headlights 101, a Fayetteville, Ga.-based provider of refurbished headlights to the collision repair industry, automotive dealers, and consumers. Matt Immerfall, Chief Executive Officer of All Star Auto Lights, said, “We are focused on identifying high quality investment opportunities, with […]
PPG Completes Acquisition of ICR
PPG (NYSE: PPG) today announced that it has completed its acquisition of Industria Chimica Reggiana (ICR) S.p.A., a manufacturer of paints and coatings for the automotive refinish and light industrial coatings industries, that was announced in early January. Financial terms were not disclosed. Founded in 1961, ICR is based in Italy and manufactures automotive refinish […]
New Mountain Capital Invests in Classic Collision
Classic Collision, Inc., the Atlanta, Ga.-based multi-store operator (MSO) of 34 collision repair facilities in the Southeastern U.S., announced that it has partnered with New York-based New Mountain Capital, a growth-oriented investment firm with over $20 billion in assets under management. Terms of the transaction were not disclosed. Founded in 1983, Classic is currently the […]
Boyd Group Adds Collision Repair Centers in Michigan and British Columbia
The Boyd Group announced the acquisition of two collision repair centers in separate transactions in the U.S. and Canada. Boyd announced the acquisition of a collision repair center in Utica, Mich. The new Gerber Collision & Glass location previously operated as Macomb Collision Tire & Service, operating under the same ownership for 44 years. Utica […]
Boyd Group Enters California
Acquires nine collision repair locations in Southern California in two transactions. The Boyd Group Inc. announced that it has entered the state of California via two acquisitions totaling nine locations in the suburban Los Angeles area. Six of the shops, including one intake center, are located in Corona, Lake Elsinore, Menifee, Moreno Valley, Murrieta and […]
Fisher Auto Parts Acquires Snavely and Dosch in Pennsylvania
Fisher Auto Parts acquired the seven Pennsylvania locations of Snavely and Dosch. The announcement was made Geoffrey Shifflett, area vice president. Steve Steinsnyder will continue to help grow the business. Snavely and Dosch, founded in 1935, has parts distribution locations in Lancaster, Lititz, Mt. Joy, Willow Street, Quarryville and Red Lion and West York, Pa. […]
LKQ Corporation to Sell Two Czech Distributors
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 […]
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