Grande Plans: Big Rig Collision expands business to Calgary, Las Vegas following merger
Grande Prairie, Alberta — A Grande Prairie collision company is making a go of it in the big cities, as Big Rig Collision announced the acquisition of BRC Group in Calgary and BRC Coach and Transit in Las Vegas, Nev. President of Big Rig Collision Kenton Schultz spoke to why he felt now was the […]
Tuesday Ticker: Will Amazon move beyond parts and into repair?
By Jeff Sanford Toronto, Ontario — August 7, 2017 — This week’s Tuesday Ticker looks at earning reports from LKQ and AkzoNobel, how stock in 3M rose 16 percent in the last year, how Amazon may soon branch out from parts and into selling auto service and much, much more! LKQ LKQ Corporation released its […]
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 […]
Sherwin-Williams to acquire Valspar in $11.3 billion deal
By Jeff Sanford Cleveland, Ohio — March 21, 2016 — Consolidation in the finishing business took a big step forward as news broke that Sherwin-Williams will acquire Valspar Corporation for $113 per share or about $11.3 billion cash. The deal has been unanimously approved by the boards of directors at both companies. Both Sherwin-Williams and […]
CARSTAR Canada acquired by Driven Brands
Hamilton, Ontario — December 2, 2015 — CARSTAR Canada has been acquired by Driven Brands, a portfolio company of Roark Capital. CARSTAR is one of the largest multi-store network of independently owned collision and glass centres in Canada, operating more than 230 locations in 10 provinces. Driven Brands owns numerous automotive franchise brands in North […]
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 […]