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Tag: acquisitions: Page 2
Collision Repair
In with the Inspectors: Repairify Inc. acquires Texas-based One Guard Inspections
Plano, Texas — Repairify Inc. has announced a partnership with One Guard Inspections, a Texas-based vehicle inspection company. One Guard Inspections was founded by Bryan Bledsoe II in 2012 and has since built what Repairify considers the most advanced and streamlined vehicle inspection process on the market. “One Guard has grown rapidly in the past […]
December 1, 2021
Business
Tuesday Ticker: October 12, 2021
Toronto, Ontario — This week, Magna may have an opportunity to pick up Qualcomm’s leftovers from the Veoneer acquisition; an Ontario-based battery maker lands a unique deal to break ground in Quebec; while Tesla CEO Elon Musk announces a new home for the EV brand. More opportunities for Magna Magna International may have missed out […]
October 8, 2021
ADAS
Two Dates to the Dance: Veoneer takes acquisition deal with Magna despite Qualcomm outbid
Stockholm, Sweden — Veoneer has decided to stick with Magna International’s acquisition bid after being courted with a higher offer from Qualcomm, though Veoneer says it will continue in negotiations with Qualcomm. Last month, Aurora, Ont.-based Magna International put forth a $31.25 per share bid on Veoneer which was outbid by Qualcomm on Monday, who […]
September 15, 2021
Collision Repair
U-POL Position: Axalta closes acquisition of U-POL
Glen Mills, Pennsylvania — Global paint-supplier Axalta announced on Wednesday that it has officially closed on their acquisition of U-POL Holdings Ltd. “The acquisition of U-POL is another step in Axalta’s growth strategy and strengthens our global leadership position in the refinish coatings segment,” said Axalta CEO Robert Bryant. “The addition of U-POL’s team, industry […]
September 15, 2021
Collision Repair
Benz Deluxe: AutoCanada Inc. acquires Autolux MB Collison in Montreal
Edmonton, Alberta — AutoCanada Inc. is breaking in on the Benz market as the dealer group announced the acquisition of Autolux MB Collison in Montreal. Autolux has been in operation for over 30 years and is a certified Mercedes-Benz collision centre. The business operates out of a facility with more than 15 production bays and […]
September 13, 2021
Collision Repair
Welcomes of the Week: CSN Drayton Valley becomes latest Alberta shop to join banner
Toronto, Ontario — As part of the company’s ongoing campaign in Canada’s western half, CSN has announced the addition of CSN Drayton Valley, in central Alberta, to the network. Ken and Megan Willows have been at the helm of CSN Drayton Valley for the past five years and have quickly become fixtures in their community […]
August 6, 2021
Business
Friends like LG: Magna International and LG launch joint venture, LG Magna e-Powertrain
Aurora, Ontario — LG Electronics and Magna International have joined forces to form LG Magna e-Powertrain, a single company to bridge the technological developments between the two collaborators, according to a press release from Wednesday. The company will be led by 20-year LG veteran and new CEO Cheong Won-suk who, prior to joining LG, worked […]
July 28, 2021
Collision Repair
Closing in on Calgary: Simplicity acquires Calgary Central, North West
Calgary, Alberta — A pair of Alberta collision centres have signed on under the big orange banner as Calgary North West and Calgary Central mark the two latest additions to the Simplicity Car Care network, announced in a press release on July 12. Industry veterans Amrit and Harvey Golhar have tripled down on their partnership […]
July 23, 2021
Business
Partners in Paint: PPG acquires Cetelon Lackfabrik GmbH
Pittsburgh, Pennsylvania — The giant that is PPG continues to grow as the automotive paint developer announced that it has acquired Cetelon Lackfabrik GmbH, a fellow coatings manufacturer across the ocean in Germany. “The strategic acquisition of Cetelon will allow PPG to further build upon its existing coatings product portfolio, liquid and powder coating technologies […]
May 7, 2021
Collision Repair
Keeping it Klassic: AutoCanada Acquires PG Klassic Autobody
Edmonton, Alberta — AutoCanada Inc. announced the acquisition of PG Klassic Autobody in Prince George, British Columbia. PG Klassic Autobody has been serving the Prince George community for 50 years and has built a reputation as a top-tier collision centre. They operate out of a facility of more than 20,000 square feet in close proximity […]
April 5, 2021
Collision Repair
Three new shops for Boyd, closing in on record year for acquisitions
Winnipeg, Manitoba — December 9, 2016 — The Boyd Group is inching closer to breaking its own record for acquisitions in a single year. The company has just announced the opening of three collision repair centres. This brings the Boyd Group’s total number of facilities acquired in 2016 to 58. The company’s record year for […]
December 9, 2016
Collision Repair
Uni-Select increases footprint in US with Gladwin acquisition
By Mike Davey Boucherville, Quebec — May 3, 2016 — Uni-Select’s expansion drive continues with another acquisition by its US-based subsidiary FinishMaster. This time the company has acquired Gladwin Paint Company, a distributor with eight locations across Texas, including outlets in Austin, Dallas, Houston and San Antonio. This marks the sixth acquisition by Uni-Select since […]
May 3, 2016
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