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DRIV INCORPORATED TO SPIN FROM TENNECO LATER THIS YEAR
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, [...]
February 2019
Select AG launches workshop concept for individualists
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 [...]
RAC AND EURO CAR PARTS MERGE GARAGE SYSTEMS
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 [...]
Germany’s Osram confirms Bain and Carlyle takeover approach
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 [...]
Osram acquires Ring Automotive to strengthen its aftermarket business
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 [...]
Profi Parts has acquired Autoteile Kubra
Profi Parts Fahrzeugteile Großhandelsgesellschaft, based in Koblenz, Germany, recently acquired Kubra Autoteile GmbH, based in Limburg, Germany. As a result of this acquisition, the Limburg [...]
No.1 Chinese e-commerce joins Nexus Automotive International
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 [...]
January 2019
RHIAG HAS BECOME PART OF ANIASA
The Italian leader in the distribution of automotive components is now associate of the National Association of Automobile Rental Industry and Automotive Services. Aniasa represents the [...]
ELIT PL is officially part of ELIT Polska
As a result of ownership changes, AD Polska was transformed into ELIT Polska Sp. z o. o. The final stage of this process was to combine the structures with the ELIT PL company operating so far . As agreed, ELIT Polska took over all its assets and became the sole legal successor.
Reifen Kiefer leaves TEAM on 30.06.2019
As TOP SERVICE TEAM KG officially announces, Reifen Kiefer GmbH will leave TEAM on 30.06.2019. Managing Director Michael Kiefer explained the decision in a letter to all TEAM shareholders with the growing dependence on the complete wheel business of the tire industry.
