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 […]
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 […]
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 […]
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 […]
LKQ further diversifies with Pittsburgh Glass Works acquisition
By Jeff Sanford Toronto, Ontario — March 1, 2016 — LKQ has announced it will acquire Pittsburgh Glass Works (PGW) from private equity firm Kohlberg & Co. and PPG Industries, an acquisition that continues the company’s recent diversification efforts. PGW is a major player in the auto glass manufacturing business. The price of the purchase […]
Uni-Select continues to ramp up for new round of M&A, brings in new CFO
By Jeff Sanford Boucherville, Québec — October 20, 2015 — The corporate tune-up at major Canadian automotive products distributor, Uni-Select, continues apace. The company announced it is bringing in a new Chief Financial Officer, Eric Bussières, as the company gears up for a new era of growth. As reported earlier this year on collisionrepairmag.com, Uni-Select […]
Solera reports financials as sale rumours pick-up
By Jeff Sanford Toronto, Ontario — August 26, 2015 — Solera Holdings released results for the fourth quarter this week. The company provides software to the automobile-claims-processing industry and is the owner of Audatex. The company reported that revenue grew to $297 million this year from $268 million in the same period last year. […]
Boyd Group Q2 sales rise driven by acquisition, same store growth
Winnipeg, Manitoba — August 14, 2014 — Second quarter sales at Boyd Group have increased by 48.2 percent over the same period in 2013. In dollars, sales increased by $202.8 million from $136.9 million. Boyd Group recently reported its financial results for the three and six-month periods ended June 30, 2014. The Fund’s second quarter 2014 financial […]
