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You are here: Home / Archives for Recycled Parts

Private Equity Firm American Pacific Group and Gray Eagle Capital Partners Launch Aesop Auto Parts with Wayne Auto Salvage Acquisition

March 4, 2021 By CollisionWeek Editor

American Pacific Group

American Pacific Group (APG), a San Francisco-based private equity firm, announced today that, together with Allam Taj and Christoph Ganz of Gray Eagle Capital Partners, it has formed Aesop Auto Parts, a company that will serve as a platform to acquire and grow progressive auto recycling businesses. Simultaneously, Aesop acquired Wayne Auto Salvage, an established […]

Filed Under: News Tagged With: Acquisitions, Aesop Auto Parts, American Pacific Group, Gray Eagle Capital Partners, North Carolina, Private Equity, Recycled Parts, Salvage Yard

Team PRP and Gold Standard Certified Parts Announce Partnership

August 31, 2020 By CollisionWeek Editor

Team PRP, the nation’s largest group of independent automotive recyclers announced an expanded partnership with Gold Standard Certified Parts. Last year, the two groups announced a partnership on recycled suspension part certification. “Team PRP is very pleased to be in this strategic partnership with Gold Standard,” stated Mark Gamble, Team PRP’s Executive Director. “We hold […]

Filed Under: News Tagged With: Agreements Signed, Certification, Gold Standard Certified Parts, Recycled Parts, Team PRP

PSA Aftermarket Acquires Amanhã Global to Enter Used Parts Market

July 24, 2020 By CollisionWeek Editor

PSA AFtermarket

PSA Aftermarket, part of Peugeot S.A. (Group PSA), announced it has acquired a majority stake in Amanhã Global, the Porto, Portugal-based company and its e-commerce platform B-Parts.com for used parts. The acquisition aims to complete PSA Aftermarket’s conquest strategy in the circular economy, promoting recycled parts, providing repair parts needed to fix broken components, and […]

Filed Under: News Tagged With: Acquisitions, Portugal, PSA Aftermarket, PSA Peugeot Citroen, Recycled Parts

Automotive Recyclers Association Criticizes Subaru’s Position Against Recycled and Aftermarket Parts

April 17, 2020 By CollisionWeek Editor

The Automotive Recyclers Association (ARA) announced “extreme concern” with Subaru of America, Inc. position statements regarding parts choice. Subaru is defending the position statement. In Subaru’s position statement on Use of Aftermarket Substitute Parts on Subaru Vehicles, ARA contends that Subaru’s recommendation on the use of Subaru Genuine Parts in a Subaru Certified Collision Center […]

Filed Under: News Tagged With: Automotive Recyclers Association, Magnuson-Moss Warranty Act, Non-OEM Parts, Position Statement, Recycled Parts, Subaru

LKQ Corporation Announces ADAS Calibration Promise for Collision Repair Parts

November 12, 2019 By CollisionWeek Editor

LKQ Promise of Calibration

Company states warranted parts suitable for vehicles equipped with advanced driver assistance systems. LKQ Corporation announced it is introducing its Promise of Calibration that warrants collision repair parts it sells are suitable for advanced driver assistance systems (ADAS) and will support proper calibration. The Promise of Calibration states:  “LKQ Corporation warrants that all recycled OEM, […]

Filed Under: News Tagged With: Advanced Driver Assistance Systems, LKQ Corporation, Non-OEM Parts, Recalibration, Recycled Parts

Team PRP and Gold Standard Suspension Parts Partner on Recycled Suspension Certification

October 7, 2019 By CollisionWeek Editor

Team PRP, the group of independent automotive recyclers, announced a strategic partnership with Gold Standard Suspension Parts, a certification lab headquartered in Naples, Fla. Gold Standard Suspension Parts has developed a certification process for recycled OEM suspension parts, creating a cost-effective solution for the automotive industry, thereby providing certified quality recycled OEM parts for the […]

Filed Under: News Tagged With: Agreements Signed, Certification, Gold Standard Suspension Parts, Recycled Parts, Team PRP

Boyd Group Currently Sees No Meaningful Impact on Parts Supply from GM Strike

September 24, 2019 By CollisionWeek Editor

Warns prolonged strike could disrupt parts supply. The Boyd Group Income Fund (TSE: BYD.UN) yesterday commented on the potential impact of a prolonged General Motors (GM) labor strike on parts supplies.. “To date, the Strike has had no meaningful impact on our ability to source GM collision parts required to complete collision repairs on GM […]

Filed Under: News Tagged With: Boyd Group, General Motors, Non-OEM Parts, OEM Parts, Recycled Parts

Premiere Services Announces Agreement with LKQ on Remanufactured Infotainment Systems

August 9, 2019 By CollisionWeek Editor

Premiere Services logo

Premiere Services, the insurance replacement and collision repair categories’ provider of mobile electronics and mobile wheel and tire replacement services, has reached an agreement with LKQ Corporation to be the exclusive provider of remanufactured Infotainment and mobile electronics systems supporting the LKQCE program across all 50 states and Canada. Premiere Services remanufactures salvage mobile electronics […]

Filed Under: News Tagged With: Agreements Signed, LKQ Corporation, Premiere Services, Recycled Parts, Remanufactured Parts

Fenix Parts Completes Acquisition of Cox Truck and Van

August 1, 2019 By CollisionWeek Editor

Fenix Parts, Inc. announced today the closing of the previously announced transaction to acquire Cox Truck and Van, Inc. (CTV).  This is the first acquisition completed to the Fenix Parts platform since the company was acquired by affiliates of Stellex Capital Management LP in April 2018. CTV, founded in 1977, operates a full service auto […]

Filed Under: News Tagged With: Acquisitions, Fenix Parts, Georgia, Recycled Parts

Fenix Parts to Acquire Cox Truck and Van

July 16, 2019 By CollisionWeek Editor

Fenix Parts, Inc. today announced the execution of a definitive agreement whereby Fenix Parts will acquire the assets of Cox Truck and Van, Inc. (CTV).  The parties expect the acquisition to be completed in July. CTV, founded in 1977, operates a full service auto recycling facility in Gainesville, GA and both full service and self […]

Filed Under: News Tagged With: Acquisitions, Fenix Parts, Georgia, Recycled Parts

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