AutoBinck sells PartsPoint to Alliance Automotive Group
AutoBinck Group has reached agreement on the sale of PartsPoint Group to Alliance Automotive Group, the European automotive aftermarket parts business of US based Genuine [...]
March 2019
Distribution: Will Uni-Select make the European bed of American giant O’Reilly?
Uni-Select, the Canadian distributor that bought its British counterpart, the Parts Alliance, in 2017 is in trouble. After LKQ and GPC, will a third American [...]
February 2019
Germany’s ZF Friedrichshafen mulls Wabco takeover
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
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
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, [...]
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 [...]