Automotive Aftermarket News
TEMOT International and Grupo Recalvi bundle forces in Spain
Another leading distributor from Spain has become part of TEMOT International’s network.The international trading group has welcomed Grupo Recalvi, a leading parts dealer on the Iberian Peninsula with 39 regional outlets in Spain and Portugal. [...]
3 NEW GLOBAL ONE SHAREHOLDERS: AZ GROUP ITALY, ANTÔNIO AUTOPEÇAS GROUP, BRAZIL AND ÖRUM, FINLAND
Global One Automotive announces the new partnership with 3 family-owned and well-known companies who will join the global one family starting from 01.01.2020. AZ GROUP, ITALY AZ Group has several branches and a central warehouse [...]
TEMOT in Paraguay: EUROIMPORT S.A, mayor European specialist becomes shareholder
TEMOT International, has further strengthened its footprint in Latin America by granting EUROIMPORT S.A access to its global network. The new TEMOT shareholder is headquartered in Asunción, Paraguay. It is the country’s most important distributor [...]
ROMAC ACQUIRED BY SUTTON AUTO FACTORS
The English parts distributor Sutton Auto Factors has acquired the four-branch Romac chain. Terms of the deal have not been disclosed. The four Romac branches are traditional customer-facing shop fronts. They join the existing network [...]
LKQ Corporation sells two Czech Distributors APM and Stahlgruber to Swiss Automotive Group
LKQ Corporation announced the execution of a definitive agreement to sell its equity interests in two Czech wholesale automotive parts distributors to Swiss Automotive Group AG. Terms of the transaction were not disclosed. In May [...]