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Chiltern Capital Invests in UK’s Rapid Repair Network

February 27, 2024 By CollisionWeek Editor

Chiltern Capital LLP announced it has completed an investment in Rapid Repair Network, a leading provider of same-day accident repairs in the United Kingdom. Rapid Repair Network has grown strongly since its foundation in 2018, developing a strong market position that underpins its ambitious growth plans. Rapid Repair Network has successfully grown its customer base […]

Filed Under: News Tagged With: Acquisitions, Chiltern Capital, Rapid Repair Network, United Kingdom

UK’s Steer Automotive Group Acquires 11 Collision Repair Centers

February 2, 2024 By CollisionWeek Editor

Steer Automotive Group, the UK’s largest multiple shop operator (MSO) announced the acquisition of Lovells Auto Body Centres and Pronto Accident Repair Centres. The integration of Lovells and Pronto’s 11 sites across the East of England complements our group’s current East Midlands’ footprint. Lovells Auto Body Centre emerged in 1972 from the Lovells family garage […]

Filed Under: News Tagged With: Acquisitions, Steer Automotive Group, United Kingdom

UK’s National Body Repair Association Supports Call for In-Vehicle Data Access Legislation

January 26, 2024 By CollisionWeek Editor

As a member of the Association Internationale des Réparateurs en Carrosserie (AIRC) the UK’s National Body Repair Association (NBRA) announced it supports the call for legislation to enable access to in-vehicle data that was made by 10 automotive supplier, service and repair associations in Europe. The AIRC was a signatory of the letter.  “The letter, […]

Filed Under: News Tagged With: Europe, legislation, National Body Repair Association, Right to Repair, Telematics, United Kingdom

Fix Auto UK Adds Collision Repair Facility to Network in South Wales

January 23, 2024 By CollisionWeek Editor

Fix Auto UK announced the expansion of its network in South Wales with the appointment of Select Accident Repair Centre which will now operate as Fix Auto Neath. Founded by Kevin Joseph and Kevin Davies, the duo signed papers to join the network shortly before Christmas following a period of major investment which also involved […]

Filed Under: News Tagged With: Fix Auto UK, Network Affiliations, United Kingdom, Wales

Oakley Capital Acquires Stake in UK’s Steer Automotive Group

January 16, 2024 By CollisionWeek Editor

Oakley Capital, the pan-European private equity investor, announced it has reached a conditional agreement to invest in Steer Automotive Group, the UK’s largest independent collision repair group. Founded in 2018 by serial entrepreneur Richard Steer, Steer Automotive has expanded through 18 acquisitions, establishing a network of over 100 collision repair centers. Steer, and the current […]

Filed Under: News Tagged With: Acquisitions, Oakley Capital, Steer Automotive Group, United Kingdom

Penske Completes Rybrook Acquisition in the United Kingdom

January 9, 2024 By CollisionWeek Editor

The Penske Automotive Group, Inc. (NYSE: PAG) announced that it has completed the previously announced acquisition of Rybrook Group Limited consisting of 15 premium dealerships in the United Kingdom, including four BMW dealerships, four MINI dealerships, four Volvo dealerships, two Land Rover dealerships and one Porsche dealership.  Three of the BMW locations also retail BMW […]

Filed Under: News Tagged With: Acquisitions, Penske Automotive, United Kingdom

Penske Automotive Group Acquires 15 Dealerships in United Kingdom

December 11, 2023 By CollisionWeek Editor

Penske Automotive Group, Inc. (NYSE: PAG) today announced that it has agreed to acquire Rybrook Group Limited consisting of 15 premium dealerships in the United Kingdom, including four BMW dealerships, four MINI dealerships, four Volvo dealerships, two Land Rover dealerships and one Porsche dealership.  Additionally, three of the BMW locations also retail BMW Motorrad motorcycles. […]

Filed Under: News Tagged With: Acquisitions, Penske Automotive, United Kingdom

Aviva Insurance Subsidiary Solus Opens 22nd Collision Repair Center in UK

December 5, 2023 By CollisionWeek Editor

Solus, a wholly-owned subsidiary of insurer Aviva, has opened its latest collision repair center in the United Kingdom at Newport, South Wales. The new collision repair center is the first Solus site in Wales and is part of Aviva’s strategy to support customers by increasing the number of claims managed from start to finish. Located […]

Filed Under: News Tagged With: Aviva UK, Openings, Solus, United Kingdom

LKQ Completes Divestiture of GSF Car Parts to Epiris

October 25, 2023 By CollisionWeek Editor

LKQ Corporation (NASDAQ:LKQ) today announced that it has sold GSF Car Parts to Epiris Fund III, a private equity fund based in the United Kingdom. The divestiture fulfills LKQ’s undertaking to the UK’s Competition and Markets Authority to sell the GSF business in connection with LKQ’s acquisition of Uni-Select Inc. that was completed August 1. […]

Filed Under: News Tagged With: Acquisitions, DC Advisory, Epiris, GSF Car Parts, LKQ Corporation, United Kingdom

UK National Body Repair Association Announces Greener Bodyshop Awards

September 18, 2023 By CollisionWeek Editor

The National Body Repair Association (NBRA) announced the winners for the Greener Bodyshop winners held on September 14.  “We are very honoured to recognise and award those who have made a significant impact in the industry, from environmental improvement and positive changes in business culture to their commitment to diversity and inclusion,” said Thomas Hudd, […]

Filed Under: News Tagged With: Awards, Diversity, Environmental, Greenhouse Gas Emissions, National Body Repair Association, United Kingdom

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