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Two other companies of the insolvent German Fintyre group saved
A week after an investor was found for the largest area of the insolvent German Fintyre group, two more businesses have now been taken over [...]
May 2020
ATP can face the future successfully: SAG signs agreement to acquire Autoteile Pöllath Group (ATP)
Swiss Automotive Group AG (SAG), headquartered in Cham, Switzerland, signed an agreement with the insolvency administrators on 7 May 2020 for the acquisition of the [...]
Breaking news: Automechanika is postponed
Automechanika will take place from 14 to 18 September 2021. Due to difficult conditions resulting from the corona pandemic, Messe Frankfurt and its customers, partners [...]
Bridgestone buys Reiff Reifen und Autotechnik
The Japanese tire manufacturer Bridgestone takes over the largest company from the bankruptcy estate of the Fintyre group with the German tire distributor Reiff Reifen [...]
ATU withdraws from Switzerland
Out for ATU in Switzerland: the garage chain closes all branches there. The bankruptcy proceedings are already underway. The District Court of Winterthur opened bankruptcy [...]
NEXUS Automotive International SA: New Members
Market conditions have become extremely challenging but NEXUS is already getting ready for better times ahead. Six new N! Members have joined the worldwide community. [...]
April 2020
RS Exclusiv stands before the final out – property sold
Only ten weeks after the insolvency, it is clear that the company RS Exclusiv Reifengroßhandel GmbH as part of the German Fintyre Group has no [...]
The German workshops will weather the COVID-19 storm
As COVID-19 economic shutdown is a storm without precedence, the aftermarket will show its robustness by weathering it. The data collected by Wolk After Sales [...]
TEMOT continues its expansion trend in LATAM and welcomes Rural Santa Fe SA
TEMOT International has announced that Rural Santa Fe SA, one of Argentina’s leading Aftermarket wholesalers, has joined the Group’s worldwide network of shareholders, effective February [...]
LKQ Europe wants to continue growing after the crisis
LKQ Europe has stated that it is positioned for continued growth after the corona virus crisis, with plans for further expansion and investment in its [...]