SUN Collision, a Snap-On brand, announced it has partnered with Collision Automotive Repair Services, Inc. (CARS) to offer its collision repair information to members at a discounted price. SUN Collision provides complete, accurate OEM information for both collision and mechanical repairs to help technicians fix cars faster and with more confidence. “We’re excited to partner […]
Snap-on Acquires UK-Based OEM Repair Software Provider Cognitran Limited
Snap-on Incorporated (NYSE: NA) announced that it has acquired Cognitran Limited for approximately $31 million in cash. Based in Chelmsford, United Kingdom, Cognitran specializes in flexible, modular and highly scalable “Software as a Service” (SaaS) products for original equipment manufacturer (OEM) customers and their dealers, focused on the creation and delivery of service, diagnostics, parts […]
SCRS and the March Taylor Memorial Fund Award Tool Grants to SkillsUSA Gold Medalists
For the fifth consecutive year, the Society of Collision Repair Specialists (SCRS) and the March Taylor Memorial Fund (MTMF) will partner to provide tool grants to medalists at the SkillsUSA national championships. The program will provide a $1,250 tool scholarship to each of the SkillsUSA National Championship four Gold Medalists competing in collision repair technologies […]
Snap-On Reports Sales Up Over 3% in Second Quarter
Snap-on Incorporated (NYSE:SNA) reported second quarter net sales of $954.6 million, an increase of $33.2 million, or 3.6 percent, from 2017 levels, reflecting a $12.1 million, or 1.3 percent, organic sales gain, $8.1 million of acquisition-related sales, and $13.0 million of favorable foreign currency translation. Operating earnings before financial services of were $193.1 million or […]
Snap-On Adds Capabilities to Support Collision Repair Diagnostics
New coverage helps collision repair shops perform diagnostic scans on standard and advanced driver assistance systems. Snap-on announced that it’s most recent software upgrades to its diagnostic scan tool products perform full system code scans mandated by vehicle manufacturers for pre- and post-collision repair work. “Our Snap-on diagnostic platforms offer the most comprehensive coverage in […]
SCRS, March Taylor Memorial Fund and Snap-On Award SkillsUSA Gold Medalists Tool Grants
The Society of Collision Repair Specialists (SCRS), the March Taylor Memorial Fund (MTMF) and Snap-on announced that for the third consecutive year, SCRS and MTMF have partnered to provide a $1,250 tool grant to each of the SkillsUSA National Championship Gold Medalists in the high school and post-secondary levels to help the recipients secure tools […]
Blackhawk Partners with 1Collision Network
Blackhawk, the collision repair equipment manufacturer, has been designated as a strategic partner by the 1Collision Network. With this designation, Blackhawk collision equipment products are a recommended choice for 1Collision Network body shop partner locations across the country. “We want to thank the 1Collision Network for choosing Blackhawk as a preferred provider of products for […]
National Industry Goodwill Tour Kicks Off SkillsUSA Week
To kick off SkillsUSA Week, executive director Tim Lawrence and director of business partnerships and development Christa Floresca visited five of SkillsUSA’s finest partners to thank them for their support. Their tour began at the headquarters of IAA in Chicago. President and CEO John Kett, along with executives Don Hermanek and Rita Figi, welcomed the […]
Polaris Private Equity Comments on Car-O-Liner Sale to Snap-On
Polaris, the private equity firm that acquired Car-O-Liner in 2012, explained the rationale for the sale of the company to Snap-On that was announced earlier this week. With Polaris as its owner, the company has seen a period of rapid expansion while simultaneously strengthening its position in the US and China. Jan Dahlqvist, a Polaris […]
Snap-on to Acquire Car-O-Liner for $155 Million
Snap-on Incorporated (NYSE:SNA) today announced that it has entered into an agreement to acquire Car-O-Liner Holding AB for approximately $155 million in cash. Based in Gothenburg, Sweden, Car-O-Liner, that had trailing 12 month sales of approximately $95 million, is a global provider of collision repair equipment and information and truck alignment systems. Subject to certain […]