Infomedia Ltd (ASX:IFM), the automotive parts and service software provider, announced it has entered into an agreement to acquire Australia-based automotive data analytics company Nidasu. Nidasu is a provider automotive insights to automakers and dealerships throughout Australia and the Asia Pacific. Nidasu’s data analytics-as-a-service platform aggregates data from many sources within the dealership technology ecosystem. […]
BASF’s Glasurit Brand Named Preferred Supplier with Mercedes-Benz Australia
Glasurit, BASF’s premium automotive refinishing brand, has been named the preferred supplier for refinishing paint for all Mercedes-Benz Autobody Repairers in Australia and New Zealand. “Our partnership with Mercedes-Benz in Australia and New Zealand is about more than just delivering high-quality refinishing paint. It also offers Mercedes-Benz Autobody Repairers with access to our leading training […]
Suncorp Reported Considering Sale of Capital SMART Repairs
Suncorp’s Insurance Ventures investment subsidiary is reported to be exploring the sale of its majority stake in Australia’s second largest collision repair chain. The Australian Financial Review reported that the Suncorp Group’s Insurance Ventures investment arm is considering the sale of its majority ownership position in the Capital SMART repair chain. According to the article, […]
AMA Group, Australian Robotics Firm Developing Collision Repair-Bot for Plastic Parts
The Advanced Manufacturing Growth Centre (AMGC) in Australia is supporting a collaborative project with Tradiebot Industries to deliver the world’s first automated vehicle panel repair system. As part of the project, Tradiebot Industries will collaborate with the University of New South Wales (UNSW) ARC Training Centre for Automated Manufacture of Advanced Composites (AMAC) on developing […]
Auto Care Association Establishes Partnership with American Council of Young Political Leaders
The Auto Care Association kicked off its new partnership with the American Council of Young Political Leaders (ACYPL) by hosting a seven-person delegation of rising political leaders from Australia in Washington, D.C. on July 23. Auto Care Association President and CEO Bill Hanvey hosted a dinner for the delegation, also attended by Auto Care Association […]
Fix Auto Australia Adds Collision Repair Center to Network in NSW
Fix Auto Australia announced the addition of Fix Auto Lake Macquarie in New South Wales, owned and operated by Jason Whittaker, to the Fix Auto network. Whittaker began his own career in the collision repair industry in 1999, inspired by his mother and father; Kel and Sue Whittaker. Kel Whittaker Smash Repairs was established in […]
AMA Group Announces Blackstone Acquisition of Collision Repair Business Will Not Proceed
Australia Tax Commissioner ruling against demerger relief scuppers $395 million acquisition. The AMA Group Limited (ASX:AMA) announced that its AU$508 million ($395.4 million) sale of its collision repair business to the U.S. private equity firm Blackstone will not proceed following its receipt of a formal response from the Deputy Commissioner of Taxation refusing AMA’s request […]
Fix Auto Australia Adds Collision Repair Facility to Network in New South Wales
Fix Auto Australia is pleased to announce the addition of Fix Auto Shoalhaven to its network in New South Wales. Fix Auto Shoalhaven’s owner-operator, Ron McGuire, has over 35 years’ experience in the collision repair industry. Having begun his career in the food industry, he was soon inspired by his brother’s panel shop, and began […]
Axalta Announces New Australian Headquarters in West Sydney
Axalta (NYSE:AXTA) announced it has commissioned construction of a new 10,200-square-meter Australian headquarters in Marsden Park, in Western Sydney. The facility will house corporate offices, a state-of-the-art training facility, and a warehouse and distribution center for up to 50 employees. Scheduled to open in the first quarter of 2019, the facility will serve the company’s […]
Blackstone to Acquire Australia-Based AMA Group’s Collision Repair Business for $395 Million
Private equity firm also owns Service King Collision Repair Centers Australia’s AMA Group (ASX:AMA) announced today that it will sell its collision repair business to the U.S. private equity firm Blackstone for AU$508 million ($395.4 million) and spin off its automotive component and accessory (ACAD) business into a new company that will remain listed on […]
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