Uni-Select Inc. (TSE:UNS), the parts distributor and parent of FinishMaster, announced an agreement to acquire The Parts Alliance, the second largest independent distributor of automotive aftermarket parts in the UK. The £205.0 million ($264.1 million) transaction is fully funded with debt. The deal marks Uni-Select’s entry into European market with a leadership position in the […]
UK Competition Authority Launches In-Depth Investigation into LKQ Subsidiary Acquisition
The United Kingdom Competition and Markets Authority (CMA) announced today that it was launching an in-depth review of Euro Car Parts’ acquisition of Andrew Page. The possibility of the in-depth review was announced earlier this month by the CMA On May 11, the CMA announced that it would refer the deal for an in-depth investigation […]
Solera Acquisition of Autodata Faces Possible In-Depth Probe by UK Competition Authority
Solera Holdings Inc. acquisition of Autodata faces an in-depth merger probe, unless it offers acceptable ways of addressing competition concerns raised by regulators in the United Kingdom. Solera announced it was acquiring Autodata in January and was completed in February. The companies supply vehicle maintenance and repair information platforms across the UK and the Competition […]
UK’s National Body Repair Association Issues Advice to Collision Repair Shops Following Data Breach
The UK-based National Body Repair Association (NBRA) is providing recommendations to collision repair shops following a customer information data breach that was brought light by its members last year. The breach is being investigated by the UK Information Commissioner’s Office (ICO) resulting in several raids. “The National Body Repair Association (NBRA) has been focusing heavily […]
LKQ Subsidiary Acquisition Faces Possible In-Depth Probe by UK Competition Authority
The United Kingdom Competition and Markets Authority (CMA) announced today that Euro Car Parts’ acquisition of Andrew Page faces an in-depth merger probe, unless it offers acceptable ways of addressing competition concerns. Euro Car Parts, the UK-based subsidiary of LKQ Corporation (NASDAQ:LKQ) announced in October 2016 it was acquiring Andrew Page Limited, a distributor of […]
UK Information Commissioner’s Office Raids More Locations in Collision Repair Data Theft Investigation.
Two search warrants were executed today in the United Kingdom as part of an ongoing investigation into nuisance calls related to data theft from collision repair shops. The Information Commissioner’s Office (ICO) carried out the searches this morning at homes in Macclesfield and Droylsden in the North West of England. They relate to an investigation […]
Fix Auto UK Adds Collision Repair Center in Edinburgh
Fix Auto UK has announced that Auto Sphere Body Repairs Ltd in Edinburgh has joined the network as Fix Auto Edinburgh Central. Formed by Raj Somarouthu in 2014, the new franchisee operates out of a 11,000 sq. ft. body shop housing two spraybooths, 23 workbays and a team of 20 personnel. With the support of […]
Fix Auto UK Signs New Contract with Co-op Insurance
Fix Auto UK announced that it has signed a new contract with Co-op Insurance, in a move that will see the network more than double the number of its collision repair centers who do work for the insurer. The new contract expands upon the service Fix Auto has been delivering via its South-West England body […]
UK Collision Repair Group Renamed National Body Repair Association
Last week, RMI Bodyshops, the UK’s trade association for vehicle collision repair sector, unveiled its new name: National Body Repair Association (NBRA). In July 2015, the Retail Motor Industry Federation’s (RMI) National Association of Bodyshops (NAB) and the Vehicle Builders and Repairers Association (VBRA) announced an agreement to merge forming RMI Bodyshops. The combined group […]
David Shepherd Named Regional Managing Director of Audatex in UK, South Africa and Valexa Technologies Ltd
David Shepherd has been announced as the new Regional Managing Director of Audatex UKSA and Valexa Technologies, replacing Paul Sykes. Shepherd joined Solera in 2008 and he has operated in a variety of international managing director positions, most recently as Head of Solera’s Global Account Management team. “I am delighted to be returning to the […]