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You are here: Home / Archives for Acquisitions

Wesco Group Acquires KC Auto Paints

January 3, 2018 By CollisionWeek Editor

The Wesco Group Inc. announced it completed the merger of the KC Auto Paint family of companies into the Wesco Group Inc.  KC Auto Paints opened its first store in Spokane Wash., in 1978. Ynder the leadership of Bob Cross, the KC family of companies has since grown to three PBE warehouse locations, three equipment […]

Filed Under: News Tagged With: Acquisitions, Washington State, Wesco

Boyd Group Acquires Three Collision Repair Centers in Ohio

December 20, 2017 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Boyd Group, Ohio

Boyd Group Acquires Collision Repair Center in Colorado

December 18, 2017 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Boyd Group, Colorado

American Family Insurance Acquires Analytics and Artificial Intelligence Company

December 15, 2017 By CollisionWeek Editor

American Family Insurance logo

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 […]

Filed Under: News Tagged With: Acquisitions, American Family, Analytics, Artificial Intelligence, Illinois

Boyd Group Acquires Collision Repair Center in Washington State

December 11, 2017 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Boyd Group, Washington State

LKQ Corporation Acquires European Aftermarket Parts Distributor

December 11, 2017 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Europe, Germany, LKQ Corporation

FTC Challenges Merger of Titanium Dioxide Companies

December 8, 2017 By CollisionWeek Editor

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, […]

Filed Under: News Tagged With: Acquisitions, Federal Trade Commission, TiO2

Service King Acquires Collision Repair Center in Colorado

December 4, 2017 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Colorado, Service King Collision Repair Centers

Octo Telematics Completes Acquisition of Willis Towers Watson Usage Based Insurance Assets

December 4, 2017 By CollisionWeek Editor

Octo Telematics logo

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 […]

Filed Under: News Tagged With: Acquisitions, Octo Telematics, Telematics, Usage-Based Insurance

Axalta and Nippon Paint End Acquisition Talks

December 1, 2017 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, AkzoNobel, Axalta Coating Systems, Nippon Paint

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