Month: February 2019

Germany’s ZF Friedrichshafen mulls Wabco takeover

Posted on 2019-02-282020-01-24 by antti

German car parts maker ZF Friedrichshafen is considering a takeover of U.S. peer Wabco, daily Handelsblatt reported on Wednesday.

EUROMASTER AND FRANCE PARE-BRISE TEAM UP

Posted on 2019-02-262020-01-24 by antti

The multi-brand maintenance network and the glazing specialist announce their partnership, which will be used to serve fleets of light vehicles.

DRIV INCORPORATED TO SPIN FROM TENNECO LATER THIS YEAR

Posted on 2019-02-212020-01-24 by antti

DRiV Incorporated is the name of the future publicly traded Aftermarket and Ride Performance company that will launch in the second half of this year, following Tenneco Inc.’s (NYSE: TEN) separation

Select AG launches workshop concept for individualists

Posted on 2019-02-202020-01-24 by antti

Select AG wants to convince garages with a new concept. With the so-called owner concept, the NTG wants to specifically target garage owners who have not yet belonged to a

RAC AND EURO CAR PARTS MERGE GARAGE SYSTEMS

Posted on 2019-02-182020-01-24 by antti

A deal has been signed between the RAC and Euro Car Parts in order to merge the RAC Approved Garage network with ECP’s Autofirst. The new entity will be known

Germany’s Osram confirms Bain and Carlyle takeover approach

Posted on 2019-02-152020-01-24 by antti

Lighting technology group Osram confirmed “market rumours” that it is in talks to be taken private by Carlyle and Bain, sending its shares up 14.5 per cent on Wednesday. The

Osram acquires Ring Automotive to strengthen its aftermarket business

Posted on 2019-02-152020-01-24 by antti

With the acquisition of Ring Automotive Ltd., the aftermarket specialist in the field of automotive lighting, electronics and accessories, the high-tech company Osram is expanding its product range in the

Profi Parts has acquired Autoteile Kubra

Posted on 2019-02-122020-01-24 by antti

Profi Parts Fahrzeugteile Großhandelsgesellschaft (Koblenz) took over the company Kubra Autoteile GmbH, Limburg. The location in Limburg is now a branch of Profi Parts GmbH.

No.1 Chinese e-commerce joins Nexus Automotive International

Posted on 2019-02-042019-03-11 by antti

JD.com, the No. 1 in Chinese BtoC e-commerce and No. 2 worldwide according to Deloitte with $ 55.7 billion in 2017, has just joined the Chinese section of Nexus Automotive