AMA Group Limited (ASX:AMA) and BASF Australia Limited (BASF) confirmed a renewed 10-year partnership for the continued supply of BASF’s automotive paint technology across the entire AMA Group network. This new agreement extends the existing contract by two years and improves alignment of paint supply costs to the operating cash flows of the associated repairs. […]
Infomedia Ends Buyout Talks with Solera and TA Consortium
Infomedia Ltd (ASX:IFM) provided an update October 3 on the previously announced takeover proposals the company received from Solera Holdings LLC (Solera) and a consortium comprising TA Associates and Viburnum Funds (TA Consortium) to acquire 100% of Infomedia. According to the update, no binding proposal has been received from either party, they confirmed that it […]
Australia Right to Repair Law Takes Effect
Associations laud a new era for the automotive service and repair industry. Independent repair facilities across Australia are starting a new chapter July 1 thanks to a new law that promotes a fair and level playing field in the automotive service and repair industry, and ensures consumers have a choice of repairer. As of July […]
Solera Makes $443 Million Bid for Australia’s Infomedia
Infomedia Ltd (ASX:IFM) announced June 20 that it has received an offer from Solera Holdings LLC to acquire 100% of Infomedia for a price of AU$1.70 per share payable in cash that values the company at AU$638.8 million ($443 million). Founded in 1987, Infomedia supplies solutions to the parts and service sector of the automotive […]
Australia Insurer IAG Releases 2020-2021 Repair Quality Report
IAG released its Quality Report 2020-21 which provides the latest data on its monitoring of repair standards across its national motor and property repair networks. This is the ninth consecutive year IAG has published its Quality Report, which underscores its dedication to providing customers with the best possible experience by ensuring motor and property repairs […]
Australia Right to Repair Regulations on Track for July 1 Launch
Government appoints Australian Automotive Service and Repair Authority Limited to facilitate mandatory access to OEM repair information. Australian car owners are set benefit when the Morrison Government right to repair reforms to bring down the cost of service and repair commence on July 1. The Australian Parliament passed the right to repair law last year. […]
Jens Monsees Named Chief Executive Officer and Managing Director at Infomedia
The Board of Directors of Infomedia Ltd (ASX:IFM), the Australia-based provider of parts, service, e-commerce, data and analytics solutions to the global automotive industry, announces the appointment of Mr. Jens Monsees as Chief Executive Officer and Managing Director. The appointment will take effect on May 23.. Monsees brings over 20 years of experience to the […]
I-CAR Australia Names New Chief Operating Officer, General Manager
I-CAR Australia’s Board of Directors announced the appointment of Jason Trewin as Chief Operating Officer (COO) and Vanessa Harrison as the General Manager (GM) of I-CAR Australia as of August 17. Both Trewin and Harrison have played a significant role in the growth of I-CAR Australia and have supported the team across both the Brisbane […]
John Boukouras Named General Manager of Symach Australia
Symach, the auto body shop equipment manufacturer, announced that John Boukouras has been appointed as General Manager in Australia, overseeing and supporting Symach activities across the continent. Boukouras will replace current GM Mark Cunningham, to whom the company is grateful for his intensive activities in promoting the brand. John began his career in the automotive […]
Solera Acquires Australia-Based ENData
Solera Holdings, Inc. announced that it has entered an agreement to acquire ENData Pty Ltd, a Brisbane, Australia-based insurance technology provider. ENData’s data-driven property repairs and contents replacement solutions simplify and automate the fulfillment of insurance claims. This acquisition will further solidify Solera’s position as the leading provider of data and technology-enabled solutions that power […]
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