LKQ Corporation (LKQ) today announced that it has entered into an agreement to acquire an equity interest in Mekonomen AB (MEKO.ST) from Axel Johnson AB (AXJ). Headquartered in Stockholm, Sweden, Mekonomen Group is an independent car parts and service chain in the Nordic region of Europe, offering a wide range of products including spare parts […]
Lawson Products Acquires Mattic Industries
Lawson Products, Inc. (NASDAQ:LAWS), the parent of Kent Automotive, announced it has completed the acquisition of Mattic Industries Limited, a Vancouver-based distribution company. Founded in 1982, Mattic Industries is a leading distributor of rivets, fasteners and other industrial components throughout Western Canada. Similar to Lawson, the company also provides vendor managed inventory (VMI) services to […]
Australia’s AMA Group Acquires Six Collision Repair Centers, Plans Greenfield Locations
The AMA Group announced the acquisition of six collision repair centers and plans to open two greenfield locations. The acquisitions will be funded using existing cash resources. The total anticipated consideration for the acquisitions is AU$4.743 million ($3.576 million). The acquired business will provide incremental revenue of AU$26.9 million ($20.2 million) and earnings before interest, taxes, […]
Safelite Acquires Nebraskaland Glass
Safelite Group, the vehicle glass services company and owner of Safelite AutoGlass, has reached an agreement to acquire Nebraskaland Glass, Inc., that services eastern Nebraska. The transaction was completed at the close of business November 4. Nebraskaland Glass is a family-owned operation that has been in business since 1964. The company was started and led […]
Boyd Group Adds Five Collision Repair Centers in Michigan, One in Louisiana
The Boyd Group Inc. announced that it has acquired a multi-store collision repair operation (MSO) located in the Detroit, Mich. region, adding an additional five collision repair centers to its presence in the market. The centers previously operated as Adrian’s Collision Centers. “We are excited to be expanding our presence in the Detroit region, a […]
Boyd Acquires Collision Repair Center in Colorado
The Boyd Group Inc. announced the October 28, opening of a new Gerber collision repair center in Grand Junction, Colorado. The center previously operated as Taber Body Paint & Frame. Grand Junction is in western Colorado with this center located in a high traffic area near both the Interstate 70 and U.S. Route 50 highways. […]
Service King Acquires 7th Las Vegas Collision Repair Center
Service King Collision Repair Centers announced the organization its seventh location in the Las Vegas market, iCollision Auto Body and Paint. iCollision first opened for business in Las Vegas in 2015. In 16 months, the business quickly quadrupled from four employees to 16. The facility is 20,000 sq. ft. and has capacity to repair more […]
Car Guys Collision Repair Acquires Location in Homosassa, Florida
Car Guys Collision Repair, a Florida based multiple collision repair shop operator (MSO), announced the acquisition of Dave’s Body Shop in Homosassa, Fla.. Dave’s Body Shop was opened in 1975 by Dave and Janice Warren. DJ Mitchell, Director of Operations for Car Guys Collision Repair, said “We are pleased to have had the opportunity to […]
Boyd Group Acquires Collision Repair Center in North Carolina
The Boyd Group Inc. announced the October 26, 2016 opening of a new Gerber-brand collision repair center in Greenville, N.C. The center previously operated as Bland & Newsome Auto Body Repair and served the community for 38 years. Greenville is located about 85 miles east of Raleigh, North Carolina and the new center is located […]
AutoNation Acquires Collision Repair Center in Illinois, Announces Plans to Add at Least 18 Locations Nationwide
AutoNation, the automotive retailer, today announced that it acquired Westmont Body Werks, located in Westmont, Ill., a suburb of Chicago, The facility is AutoNation’s 70th collision repair center nationwide. The facility was acquired this month and represents annual revenue of approximately $10 million. In addition to the Westmont acquisition, the company also announced it recently […]
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