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Hess Automotive files for insolvency
Cologne-based Hess Automotive filed an application for the opening of insolvency proceedings with the District Court of Cologne. The court approved the procedure and attorney [...]
February 2022
IAG, a new distributor of spare parts, is coming to the Czech market
Although the company IAG sro was established only on September 15, 2021, it is already developing a lively business activity in the Czech Republic, Hungary [...]
LKQ Corporation announces results for Fourth Quarter and Full Year 2021
LKQ Corporation today reported fourth quarter and full year 2021 results that reflect continued progress with our operational excellence program and strategic initiatives. Fourth Quarter [...]
Genuine Parts Company Reports Results for the Fourth Quarter and Full Year 2021
Genuine Parts Company owner of Alliance Automotive Group announced today its results for the fourth quarter and twelve months ended December 31, 2021. Fourth Quarter [...]
PHE in exclusive negotiation with the Belgian group D’Ieteren
D’Ieteren Group announces today that it has issued a binding offer and entered into exclusive negotiations with Bain Capital Private Equity in view of acquiring [...]
Mega Auto Parts is a new member of Nexus
Mega Auto Parts has joined the NEXUS Automotive International SA family and is now an member of this community. Mega Auto Parts is established in May [...]
Dijorus joins Temot
From the start of 2022, TEMOT International and UAB Dijorus, one of the leading Lithuanian distributors, team up to jointly benefit from one of the [...]
January 2022
Aser incorporates three new Portuguese partners
On January 1 , three new Portuguese partners, Primopeças, Silvaspeças and Auto Acessórios Formigosa, joined ASER. FORMIGOSA is a company led by Marco Gandra and [...]
Anjana Investments (Aurgi and Motortown) enters CGA
Anjana Investments, parent company of the Aurgi and Motortown garage networks (located in the El Corte Inglés shopping centres) joins the national trade and buying [...]
ATR International AG expands trading network in key growth markets
ATR International AG will have two new shareholders as of 1 January 2022: In Australia, hsy Autoparts Pty Ltd. will strengthen ATR, while in Chile, [...]