The agreement gives Verisk license to supply connected car data to insurers in the UK, France, Germany, Italy and Spain. Verisk (NASDAQ:VRSK), a global data analytics provider, announced an agreement with Ford Motor Company (NYSE:F). As part of the agreement, Verisk can offer standardized, insurance-ready telematics data from connected Ford vehicles in Europe to assist […]
PPG Completes Acquisition of ICR
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 […]
PPG to Acquire Industria Chimica Reggiana
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, […]
Italy Plant to Become New Mopar Parts Distribution Hub Serving World Markets
The historic Fiat plant in Rivalta, located near Turin in Italy, is set to become one of the Mopar brand’s global parts and distribution centers serving Europe, the Middle East, Africa (EMEA) and additional world markets. Prompted by the rapid global expansion of Mopar, the service, parts and customer-care brand for FCA vehicles, this project […]
Symach and Alphabet Italia Fleet Management Announced Partnership to Supply Collision Repair Shop Network
Symach Srl and Alphabet Italia Fleet Management SpA, the BMW Group’s car rental company, announced that Symach is a technology partner for Alphabet Italia. Alphabet Italia has chosen Symach as a technology partner to support its Alphabet Point collision repair shop network in achieving quality objectives in repair, production efficiency and speed of delivery to […]
Symach Expands Production Capacity in Italy
Symach announced it is designing a cutting-edge 3,000-square meter (32,000 sq. ft.). technical department at its facility in Calderara di Reno, Bologna, Italy. It will be equipped with a complete TRUMPF machining line including a TruPunch 3000 Sheetmaster machine for cutting sheet metal and loading, unloading and selecting parts, as well as a TruBend Series […]
Axalta Coating Systems Refinish Brands Approved by Volkswagen Group Italia S.p.A.
Cromax, Spies Hecker and Standox approved for use in Italian dealer network Axalta Coating Systems (NYSE:AXTA) recently signed a new, three-year commercial agreement with Volkswagen Group Italia S.p.A. Under the terms of the contract, the products of Axalta’s three refinish brands, Cromax, Spies Hecker and Standox, are approved for use in Volkswagen Group Italia’s Service […]
ALLDATA Signs Reseller Agreement with LKQ’s Rhiag Group in Italy
ALLDATA Europe GmbH, an affiliate of ALLDATA LLC, , announced it has signed a reseller agreement with Rhiag Group, an affiliate of LKQ Corporation, to enhance ALLDATA’s ability to serve the Italian market with OEM diagnostic and repair information. LKQ announced an agreement to acquire Rhiag in January 2016. The company has operations in Italy, Czech Republic, Switzerland, […]