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PPG Completes Acquisition of ICR

February 3, 2020 By CollisionWeek Editor

PPG (NYSE: PPG) today announced that it has completed its acquisition of Industria Chimica Reggiana (ICR) S.p.A., a manufacturer of paints and coatings for the automotive refinish and light industrial coatings industries, that was announced in early January. Financial terms were not disclosed. Founded in 1961, ICR is based in Italy and manufactures automotive refinish […]

Filed Under: News Tagged With: Acquisitions, Europe, Italy, PPG Industries

Copart Germany Opens New Munich East Location

January 13, 2020 By CollisionWeek Editor

Copart Deutschland GmbH, a subsidiary of the global online vehicle auction company Copart, Inc. (NASDAQ:CPRT), opened its new Munich East location at Hitzinger Wiesen 5 in Pilsting. “With our new Munich East location, we are pleased to make it more convenient for our buyers to purchase vehicles from Copart,” said Kai Siersleben, Managing Director of […]

Filed Under: News Tagged With: Copart, Europe, Germany, Openings

LKQ Corporation to Sell Two Czech Distributors

January 8, 2020 By CollisionWeek Editor

LKQ Corporation (NASDAQ:LKQ) announced an agreement to sell its equity interests in two Czech wholesale automotive parts distributors to Swiss Automotive Group AG. Terms of the transaction were not disclosed. In May 2018, the European Commission cleared LKQ’s acquisition of Stahlgruber GmbH, with the exception of Stahlgruber’s two wholesale businesses in the Czech Republic, which […]

Filed Under: News Tagged With: Acquisitions, Czech Republic, Europe, LKQ Corporation

PPG to Acquire Industria Chimica Reggiana

January 8, 2020 By CollisionWeek Editor

Italy-based automotive refinish coatings manufacturer sells products in more than 70 countries. PPG (NYSE:PPG) today announced that it has reached an agreement to acquire Industria Chimica Reggiana (ICR) S.p.A., a manufacturer of paints and coatings for the automotive refinish and light industrial coatings industries. The transaction is expected to close in the first quarter 2020, […]

Filed Under: News Tagged With: Acquisitions, Europe, Italy, PPG Industries

Coalition Calls for EU Legislators to Ensure Level Playing Field for Remote Access to Vehicle Data

November 20, 2019 By CollisionWeek Editor

Manifesto

Group calls upon EU decision makers to put forward legislation by 2020 ensuring remote access to in-vehicle data and functions. CECRA, the European umbrella organization of national automotive trade associations and European brand dealer councils, announced November 14 that a number of associations in the automotive sector and mobility services operators, insurers, consumers and small […]

Filed Under: News Tagged With: CECRA, Data Access, Europe, legislation, Right to Repair, Telematics

3M and sia Abrasives Settle Patent Infringement Disputes

November 12, 2019 By CollisionWeek Editor

3M Company, 3M Deutschland GmbH, 3M Innovative Properties Company, sia Abrasives Deutschland GmbH and sia Abrasives Industries AG have settled patent infringement lawsuits brought by 3M in the District Court of Mannheim in Germany and the Federal Patent Court in St. Gallen, Switzerland, and Robert Bosch GmbH has withdrawn its related opposition to 3M’s patent […]

Filed Under: News Tagged With: 3M, Europe, Lawsuits, Patents

Jim Muse Appointed VP of Refinish for Europe, Middle East and Africa at Axalta

October 4, 2019 By CollisionWeek Editor

Axalta (NYSE:AXTA) today announced the appointment of Jim Muse as Vice President of Refinish Europe, Middle East and Africa (EMEA) effective immediately. He succeeds Adrien Schrobiltgen in this role. Muse first joined Axalta in 2013 as part of the North American refinish leadership team and was awarded the Axalta Senior Leadership Award in 2015 for […]

Filed Under: News Tagged With: Axalta Coating Systems, EMEA, Europe, People

LKQ Divests a Majority of Bulgarian Business

October 2, 2019 By CollisionWeek Editor

LKQ Corporation (NASDAQ:LKQ) announced it has merged its subsidiary Auto Kelly Bulgaria EOOD with Elit Kar OOD. LKQ now owns a 20% equity interest in the combined business, which will continue to operate under both the Elit Car Group and Auto Kelly brand names.  In addition, the combined business will acquire parts from LKQ’s aftermarket […]

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

BASF Seeks to Strengthen Refinish Business with Acquisition of Belgian Internet Accident Management Service and Vehicle Lifecycle Management Platform

October 1, 2019 By CollisionWeek Editor

BASF announced September 30 that it acquired a majority share of the internet platform UBench with offices in Turnhout and Geel, Belgium. Both companies have agreed not to disclose financial details of the transaction. The transaction includes UBench International NV, CarRoll BVBA and DLight BVBA. Regulatory approvals are not required. BASF says the transaction strengthens […]

Filed Under: News Tagged With: Acquisitions, BASF, Belgium, Claims Technology, Europe

Arnd Franz Named to Succeed John Quinn at LKQ Europe

August 15, 2019 By CollisionWeek Editor

LKQ Corporation (NASDAQ:LKQ) announced that John S. Quinn, Executive Vice President and CEO of LKQ Europe, has submitted his notice of retirement and Arnd Franz, currently Chief Operating Officer of LKQ Europe, has been selected to succeed John effective October 1. Arnd Franz joined LKQ in April of this year after spending most of his […]

Filed Under: News Tagged With: Europe, LKQ Corporation, People

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