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Australia’s AMA Group Confirms Discussions on Sale of Collision Repair Unit to Blackstone

January 29, 2018 By CollisionWeek Editor

Proposal values collision repair business at AU$530 million  Following an article in the Australian Financial Review, Australia’s AMA Group Ltd. (ASX:AMA) confirmed that had received a proposal from Blackstone Private Equity for its collision repair centers. The AMA group owns more than 90 collision repair centers in Australia and New Zealand with reported sales of […]

Filed Under: News Tagged With: Acquisitions, AMA Group, Australia, Blackstone Group

Australia’s AMA Group Acquires Seven Collision Repair Centers, Plans Three Greenfield Locations

July 14, 2017 By CollisionWeek Editor

The AMA Group provided an update on its expansion announced the acquisition of seven collision repair centers and plans for three new greenfield sites.  These acquisitions  will be funded using existing financial resources. The total anticipated consideration for the acquisition transactions is AU$6.23 million ($4.85 million) and will provide incremental revenue of AU$22.5 million ($17.57 […]

Filed Under: News Tagged With: Acquisitions, AMA Group, Australia

Australia’s AMA Group Acquires Six Collision Repair Centers, Plans Greenfield Locations

November 14, 2016 By CollisionWeek Editor

AMA Group logo

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, […]

Filed Under: News Tagged With: Acquisitions, AMA Group, Australia, Openings

BASF and AMA Group Announce 10 Year Supply Agreement

January 5, 2016 By CollisionWeek Editor

BASF (OTCMKTS:BASFY) has signed a ten-year partnership with the Australia and New Zealand bodyshop network AMA Group (ASX:AMA). Through this partnership, BASF will supply waterborne refinishing solutions from its premium automotive refinish paint brand Glasurit to AMA’s network in Australia and New Zealand of over 70 bodyshops. Chris Titmarsh, Vice President, Regional Business Management, Automotive Refinish […]

Filed Under: News Tagged With: AMA Group, Australia, BASF, New Zealand, Supply Agreement

Australia – AMA Group Completes Gemini Acquisition

December 11, 2015 By CollisionWeek Editor

The AMA Group Limited announced that it has finalized the acquisition of Gemini Accident Repair Centres Pty. Ltd. that was announced in September. Gemini has 40 collision repair centers across Australia and one in New Zealand. With the addition of Gemini’s collision repair centers located across Australasia AMA will have a national footprint of in […]

Filed Under: News Tagged With: Acquisitions, AMA Group, Australia

AMA Group Finalizes Woods Acquisition

October 20, 2015 By CollisionWeek Editor

The AMA Group Limited announced that it has finalized its renegotiations for the acquisition of Woods Accident Repair Centres that was previously announced in May. Under the revised arrangement, AMA will now pay a total purchase price of AU$2.05 million ($1.49 million) in full settlement for the acquisition of Woods, including a majority stake in […]

Filed Under: News Tagged With: Acquisitions, AMA Group, Australia

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