PPG (NYSE:PPG) today announced an agreement to acquire automotive coatings manufacturer Hemmelrath. The transaction is expected to close in the first half of 2019, subject to customary closing conditions. Financial terms were not disclosed. “We are excited to add Hemmelrath to our robust and diversified automotive coatings offering. This acquisition is another step forward in […]
Boyd Group Acquires Collision Repair Center in Arizona
The Boyd Group Inc. today announced the December 28 opening of a Gerber collision repair location in Lake Havasu City, Ariz. This location previously operated as Sofia’s Auto Body. Lake Havasu City is located on the shores of Lake Havasu and brings approximately 750,000 visitors to the area annually. Lake Havasu is located approximately 200 […]
Department of Financial Services Approves Plymouth Rock Acquisition of MAPFRE New York Subsidiary
Approval allows Plymouth Rock to continue its expansion into New York market. New York State Financial Services Superintendent Maria T. Vullo announced that the State Department of Financial Services (DFS) has approved an application by Plymouth Rock Assurance Corporation to acquire MAPFRE Insurance Company of New York, a New York domestic property and casualty insurer, […]
LKCM Headwater Investments Increases Lawson Products Stake to 48%
Lawson Products, Inc., (NASDAQ:LAWS) a distributor of products and services to the MRO marketplace, announced that an affiliate of LKCM Headwater Investments, the private equity arm of Luther King Capital Management, has agreed to acquire the remaining 1,713,787 shares of Lawson Products common stock owned by Dr. Ronald Port and James Errant, both members of […]
Boyd Group Acquires 9 Collision Repair Center MSO in Texas
The Boyd Group Inc. announced the December 14 acquisition of a multi-store operation consisting of nine collision repair centers located in Texas which had operated as Paceline Collision Centers since 1998. The new Gerber Collision & Glass centers are located in Abilene, Copperas Cove, Killeen (2), Lampasas, Lubbock (3), and Marble Falls. “This significant acquisition […]
Boyd Group Acquires Collision Repair Center in Oregon
The Boyd Group Inc. announced the December 11, acquisition of a collision repair location in Albany, Oregon. The new Gerber Collision & Glass location previously operated as Pacific Auto Body & Paint and has served the community since 1976. Albany is the county seat of Linn County and the 11th largest city in Oregon. This […]
Alloy Wheel Repair Specialists Acquires AWRS Midwest
Alloy Wheel Repair Specialists, LLC (AWRS) announced the acquisition of AWRS Midwest effective December 11. The acquisition includes locations in the following cities: St. Louis, Missouri Kansas City, Missouri Kansas City, Kansas Oklahoma City, Oklahoma Northwest Arkansas (Fayetteville, Fort Smith) Central Arkansas (Little Rock) Northern Louisiana (Shreveport, Bossier) East Texas (Tyler, Longview, Nacogdoches) Mike Riley, […]
Solera and MAPFRE Complete the Acquisition of CESVI Brasil
Solera Holdings, Inc. and MAPFRE S.A., the global insurer, announced the completion of the acquisition of CESVI (Center for Experimentation and Road Safety) Brasil by the two entities’ joint venture, Solera Technology Centre GmbH (STC). CESVI Brasil is an automotive research and experimentation center in Brasil, focused on providing insight, safety guidelines and transparency, including […]
Boyd Group Acquires Collision Repair Center in Ontario
The Boyd Group Inc. announced that on November 30, 2018 it acquired a location in Hawkesbury, Ontario, Canada. Hawkesbury is located in Eastern Ontario, on the Ottawa River, south of the Quebec-Ontario border. This shop is situated approximately one hour from both Ottawa and Montreal. The new Assured Automotive location previously operated as Marchildon Autobody. […]
Caliber and Abra Announce Merger
Combined company will operate more than 1000 collision repair centers in 37 states. Caliber Collision and Abra Auto Body Repair of America today announced a definitive merger agreement. The combined collision repair facility operator will have more than 1000 locations. Just yesterday, Abra announced it had acquired its 400th location. “This combination will allow us […]
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