National General Holdings Corp. (NASDAQ:NGHC) announced that it has agreed to acquire National Farmers Union Property and Casualty Company from QBE North America, an integrated specialist insurer. National Farmers Union Insurance is a Wisconsin domiciled P&C insurance company that predominantly writes personal and farm auto and farm and homeowners’ insurance in the Midwestern United states. […]
Abra Acquires Two Collision Repair Centers in Ohio
Abra Auto Body Repair of America announced the acquisition of two new collision repair centers in the Cleveland, Ohio suburbs. Located Bedford Heights and Euclid, the Mayfield Collision Centers were acquired in a transaction that closed last Friday, November 9. Established in 1989, Mayfield was named one of 10 Top Body Shops in 2014 by […]
KSI Auto Parts Acquires Richmond Bumper
KSI Trading Corp. announced that it has signed an agreement to acquire Richmond Tidewater Bumper (RTB). Based in Mechanicsville, Va., Richmond Tidewater Bumper was founded in 1980 by Norman Seay. KSI’s business will be enhanced by RTB’s 200,000 square foot distribution facility, which provides access to markets in coastal Virginia as well as in North […]
GM to Build eBikes, Ford Acquires Scooter Business
General Motors and Ford made announcements over the past week to expand their electrified mobility portfolios to include eBikes and scooters. GM announced November 2 that it is creating a line of eBikes and is inviting customers to name the new mobility brand. According to the 2016 UN World Cities Report, by 2030, 60 percent […]
Abra Acquires Collision Repair Center in Maryland
Abra Auto Body Repair of America announced the addition of a new repair center in Aberdeen, Md. The acquisition of T&S Auto Body’s 9,800 sq. ft. collision repair center, located at 1110 S Philadelphia Blvd, closed yesterday. T&S has been operating in the same location for more than 40 years. “We look forward to introducing […]
Boyd Group Acquires Collision Repair Center in Pennsylvania
The Boyd Group Inc. announced the November 1, opening of a Gerber collision repair location in Verona, Pa. This center previously operated as Flagship Collision. Verona is located on the bank of the Allegheny River and approximately 13 miles northeast of downtown Pittsburgh. “This location will help us strengthen our position in the Pennsylvania market […]
Boyd Group Acquires Five Collision Repair Centers in Missouri
With the acquisition, Boyd Group has operations in 25 states in the U.S. The Boyd Group Inc. today announced the opening yesterday of five Gerber Collision & Glass collision repair locations in the Kansas City, Mo. market. The centers, including 3 located in Kansas City, as well as Smithville and St. Joseph, previously operated as […]
Abra Completes Acquisition of Cooks Collision
Abra Auto Body Repair of America announced that its acquisition of 38 Cooks Collision repair locations closed on Friday, Oct. 26. The acquisition of Cooks is Abra’s largest single transaction in its 34-year history, and marks the company’s entry state of California. Abra first entered the West Coast region in 2013 with acquisitions in Washington […]
Boyd Group Acquires Two Collision Repair Locations in Saskatchewan
The Boyd Group Inc. announced that on October 12 it acquired two collision repair locations in Saskatoon, Saskatchewan, Canada. The previous owners have operated for many years as Nutana Collision. The addition of these two locations doubles the number of Boyd repair centers in Saskatchewan. “We are very excited to add these locations that have […]
PPG to Acquire SEM Products
South Carolina-based SEM provides specialty refinish products for the collision repair market. PPG (NYSE:PPG) today announced that it has reached an agreement to acquire SEM Products, Inc., the manufacturer of specialized automotive refinish products. The transaction is expected to close in the fourth quarter 2018, subject to customary closing conditions. Financial terms were not disclosed. […]
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