The Boyd Group Inc. announced the December 15, opening of three collision repair centers in the west side suburbs of Cleveland, Ohio. The centers were previously operated as Suburban Collision Centers and are located in North Olmstead and Berea, two suburbs in Cuyahoga County. With a population of over 1.2 million, Cuyahoga is the second […]
Boyd Group Acquires Collision Repair Center in Colorado
The Boyd Group Inc. announced the acquisition on December 12 of a second collision repair center in Glenwood Springs, Colo. The facility previously operated as Professional Auto Body & Frame. This shop has serviced the Glenwood community, the largest city in Garfield County, for the past 36 years. The new Gerber location is located at […]
American Family Insurance Acquires Analytics and Artificial Intelligence Company
American Family Insurance announced the acquisition of Chicago-based data and analytics software company, Networked Insights, to accelerate its digital transformation, including its use of data, advanced analytics and artificial intelligence (AI). According to the insurer, at a time when technology and innovation are transforming the insurance industry, the acquisition allows American Family to build on […]
Boyd Group Acquires Collision Repair Center in Washington State
The Boyd Group Inc. announced the acquisition on December 5, of a collision repair center in Tumwater, Washington, which previously operated as Bernie’s Custom Paint and Collision Repair and has served the community for 43 years. The center is located one mile south of U.S. 101, the principal highway serving the Olympic Peninsula, and three […]
LKQ Corporation Acquires European Aftermarket Parts Distributor
Announces Agreement to Acquire Germany-based Stahlgruber GmbH LKQ Corporation (NASDAQ:LKQ) announced an agreement to acquire Stahlgruber GmbH from Stahlgruber Otto Gruber AG for an enterprise value of approximately €1.5 billion ($1.77 billion). Headquartered in Germany, Stahlgruber is a leading European wholesale distributor of aftermarket parts, body repair supplies, tools, capital equipment and accessories with operations […]
FTC Challenges Merger of Titanium Dioxide Companies
Agency alleges that combining Tronox Limited and Cristal would reduce competition for white pigment used in paint and other products. The Federal Trade Commission issued an administrative complaint challenging the merger of two top suppliers of chloride process titanium dioxide (TiO2), a white pigment used in a wide variety of products including paint, industrial coatings, […]
Service King Acquires Collision Repair Center in Colorado
Expands Colorado Springs footprint Service King Collision Repair Centers today announced the acquisition of Perkins Paint and Collision – a division of Perkins Motors, in Colorado Springs. The deal officially closed Friday, Dec. 1, and Perkins Paint and Collision, located at 2025 Sheldon Ave. in Colorado Springs, is transitioning to Service King effective immediately. The […]
Octo Telematics Completes Acquisition of Willis Towers Watson Usage Based Insurance Assets
Octo Telematics (Octo), the UK-based global provider of telematics for the auto insurance industry, announced that it has completed its acquisition of the usage-based insurance (UBI) assets of Willis Towers Watson that was announced in October. This acquisition includes Willis Towers Watson’s DriveAbility solution and the DriveAbility Marketplace. Additionally, Geoff Werner, Global Telematics Leader, will […]
Axalta and Nippon Paint End Acquisition Talks
Axalta Coating Systems (NYSE:AXTA) yesterday confirmed that its previously announced discussions on a possible acquisition by Nippon Paint have ended. According to Axalta, Nippon Paint’s Board of Directors were unwilling to meet Axalta’s expectations regarding the value of the company and assume the financial leverage necessary for the deal. “Axalta is a premier company in […]
Axalta Confirms Acquisition Discussions with Nippon Paint
Following closely on the announcement that it had ended talks with AkzoNobel on a possible merger, Axalta Coating Systems (NYSE:AXTA) confirmed Wednesday, November 22 it has entered into discussions with Nippon Paint over a possible sale to the Japan-based coatings manufacturer. In a statement released Wednesday Axalta confirmed the discussions saying “Axalta today confirmed that […]
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