Multiple shop operator now has 400 locations in 28 states. Abra Auto Body Repair of America announced the acquisition of two new repair centers in Seymour and west Knoxville, Tenn. that brings Abra’s national footprint to 400 centers in 28 states. The acquisition of Walker’s Collision Repair, represented by Kingsmoor Advisors, closed last Friday. Established […]
Boyd Group Acquires 18 Collision Repair Centers in Midwest
Acquisition of Gates Collision Centers strengthens presence in Wisconsin and Northern Illinois. The Boyd Group Inc. (TSE:BYD.UN) announced today the acquisition of a multi-store operation consisting of 18 collision repair centers, including two intake centers, located in the Wisconsin and Northern Illinois markets. The centers, located in the Wisconsin cities of Madison (4), Sun Prairie […]
PPG Completes Acquisition of SEM Products
PPG (NYSE:PPG) today announced that it has completed its previously announced acquisition of SEM Products, Inc., the U.S.-based manufacturer of specialized automotive refinish products. Financial terms were not disclosed. According to a letter to customers from Greg Benckart, VP, Americas, PPG Automotive Refinish, and Steve Fussy, President, SEM Products, Inc., SEM will continue to operate […]
Infomedia to Acquire Automotive Data Analytics Company
Infomedia Ltd (ASX:IFM), the automotive parts and service software provider, announced it has entered into an agreement to acquire Australia-based automotive data analytics company Nidasu. Nidasu is a provider automotive insights to automakers and dealerships throughout Australia and the Asia Pacific. Nidasu’s data analytics-as-a-service platform aggregates data from many sources within the dealership technology ecosystem. […]
Safelite Acquires Black Diamond Auto Glass
The Safelite Group, owner of Safelite AutoGlass, announced it acquired Black Diamond Auto Glass. The transaction was completed at the close of business November 9. Black Diamond Auto Glass was founded in 2001 and has locations in Show Low, Taylor, Eagar, and Payson, Ariz. “This acquisition helps expand our customer reach while leveraging the tremendous […]
National General Holdings to Acquire National Farmers Union Insurance
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 […]
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