PPG (NYSE: PPG) today announced that it has completed its previously announced acquisition of automotive coatings manufacturer Hemmelrath. Financial terms were not disclosed. Headquartered in Klingenberg, Germany, Hemmelrath is a manufacturer of coatings for automotive original equipment manufacturers (OEMs). With more than 450 employees, the company operates manufacturing facilities in Klingenberg and Erlenbach, Germany; Jilin, […]
Copart Opens Ninth Location in Germany
Copart, Inc. (NASDAQ:CPRT) announced a new location at Am Bahnhof 7a in Friesack, Brandenburg in Western Berlin, Germany. This will be Copart’s ninth location in the country. “We are proud to bring our leading auction technology, processes, and services to the German salvage vehicle market,” said Alain Van Munster, Managing Director, Copart Germany. “With a […]
Copart Opens New Location Near Hamburg, Germany
Copart, Inc. (NASDAQ:CPRT) announced will open its seventh location in Germany. The facility is located at Magarete-Steiff-Weg 2 Itzehoe, Schleswig-Holstein, near Hamburg, the second largest city in Germany. “We are thrilled to bring our online vehicle auction platform to the German market,” said Alain Van Munster, Managing Director, Copart Germany. The first online vehicle auction […]
Copart Continues Germany Expansion with Auction Location Near Berlin
Copart, Inc. (NASDAQ:CPRT) is opening a new location in the south of Berlin, Germany. The facility is located at Nobelstr. 10 Massen-Niederlausitz, Brandenburg, Germany. This is Copart’s first location in the proximity of Berlin, the capital of Germany. It is the company’s fifth location in the country. “Our patented online vehicle auction platform is one […]
Copart Opens New Location in Germany
Copart, Inc. (NASDAQ:CPRT) announced it has opened its third location in Germany. The facility is located at Bruchmühlbach-Miesau, near Mannheim, Germany. “Our buyers’ appetite for vehicles in Germany is huge. I am excited that we’re opening a location near Mannheim,” said Alain Van Munster, Managing Director, Copart Germany. “It will be an important asset in […]
Copart Adds Second Location in Germany
Copart, Inc. (NASDAQ:CPRT ) announced the opening of its second location in Germany. The facility is located at Industriegelände Nobitz 6, Nobitz, Thuringia, near Leipzig, Germany. “We are proud to open our second location in Germany,” said Alain Van Munster, Managing Director, Copart Germany. “With our proximity to Leipzig, we are able to more efficiently […]
LKQ Corporation Acquires European Aftermarket Parts Distributor
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 […]
Enterprise Rent-A-Car acquires CARO Autovermietung in Germany
Enterprise Rent-A-Car Germany announced an agreement to acquire Bremen-based CARO Autovermietung GmbH. The agreement, for an undisclosed sum, is subject to approval by the German Federal Cartel Office (Bundeskartellamt) and is expected to be closed in the coming weeks. Until such approval, the Enterprise and CARO Autovermietung brands will be operated independently, but when the […]
BASF Acquires Surface Treatment Provider Chemetall
BASF has signed an agreement to acquire Albemarle’s global surface treatment business, Chemetall. The purchase price is $3.2 billion. The transaction is subject to approval by the relevant authorities and is expected to close by the end of 2016. Chemetall is a global technology and innovation leader in the metals surface treatment market, and is […]
Fix Auto Entering German Collision Repair Market
Fix Auto World appoints Roy de Lange as Head of Business to lead German operations in 2017 David Lingham, Head of Business for Fix Auto World, announced Fix Auto’s upcoming entry into the German collision repair market, along with the appointment of Roy de Lange to the role of Head of Business, effective February 1st, […]