Motor insurers paid out £2.5 billion ($3.1 billion) in motor claims in the second quarter of this year, up 29% on the £2 billion paid in the same quarter last year according to latest Association of British Insurers (ABI) data published September 5. This was the highest quarterly figure since we started collecting data back […]
UK’s Steer Automotive Group Acquires 5 Location Commercial Vehicle Collision Repair MSO
The Steer Automotive Group has acquired C&C Vehicles Services that operates five commercial collision repair and refurbishment facilities in the UK along major travel routes. The acquisition marks the launch of the Steer Commercial Division with plans to grow the footprint of commercial facilities beyond the five acquired locations. Established in 1986, C&C Vehicle Services […]
Adam Winslow Named Chief Executive Officer at UK’s Direct Line
UK’s 2nd largest auto insurer also owns 22 collision repair centers. UK-based insurance company Direct Line Group announced that Adam Winslow is to be appointed as Chief Executive Officer of the Company, subject to regulatory approval. It is expected that he will take up the role as Direct Line Group Chief Executive Officer in the […]
Fix Auto UK Acquires Majority Stake in Cheltenham Collision Repair Center
Fix Auto UK announced it has added to its portfolio of wholly and part owned collision repair centers by taking over as the majority shareholder in Fix Auto Cheltenham. The network has bought the shares previously owned by businessman Andrew Emery who is stepping away from the industry to concentrate on other business interests. Fellow […]
LKQ Corporation Completes Uni-Select Acquisition
Uni-Select operates over 145 FinishMaster stores in the U.S. and serves Canadian auto and collision repair shops from more than 1,000 independent and 95 company operated stores. LKQ Corporation (NASDAQ:LKQ) and Uni-Select Inc. (TSE: UNS) today announced the completion of the previously-announced acquisition of Uni-Select by 9485-4692 Québec Inc., a wholly-owned subsidiary of LKQ. In […]
UK Competition Regulator Says Solutions Offered to Address Competition Concerns in LKQ Acquisition of Uni-Select
LKQ had previously announced its intention to divest Uni-Select’s GSF Cark Parts UK business as part of acquisition. A fast-track Phase 1 investigation by the UK Competition and Markets Authority (CMA) confirmed July 21 that LKQ Corporation’s purchase of Uni-Select Inc. could raise competition concerns in the UK. LKQ, through Euro Car Parts, and Uni-Select, […]
LKQ Europe Acquires Commercial Parts Distributor in UK and Ireland
Marks entry into European aftermarket truck parts business. LKQ Europe has entered the truck parts business with the acquisition of Digraph, the UK’s leading independent aftermarket commercial parts distributor specializing in heavy goods vehicle (HGV), coach and bus parts. Following the transaction, Digraph will be integrated into the LKQ UK and Ireland group, alongside LKQ […]
UK’s Steer Automotive Group Acquires 32 Collision Repair Centers
Steer Automotive Group today announced the acquisition of the businesses of Apollo Motor Group and Balgores Motors. The two businesses have a total of 32 collision repair locations with £90m ($114.5 million) sales and 700 staff. The acquisition builds on Steer’s network, extending further into the south of England and increasing Steer’s scale and capacity […]
Fix Auto UK Adds Collision Repair Center to Network in South Wales
Four years ago Matthew Davies and Paul Gravell were working for a prominent South Wales collision repair center, today they are the latest ambitious business owners to join Fix Auto UK and will operate as Fix Auto Swansea West. Having formed KillaShine during the height of the pandemic where they offered a one-car-in, one car-out […]
Fix Auto UK Partners With AirPro Diagnostics for ADAS Calibration
Fix Auto UK has formed a partnership with AirPro Diagnostics to simplify and speed up Forward-Facing Camera (FFC) ADAS calibrations. The partnership will initially bring into the UK AirPro’s AUGGIE mobile system that enables ADAS calibrations to be easily and swiftly completed outside of the workshop by any technician. Ian Pugh, Fix Auto UK’s Managing […]
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