Automotive Aftermarket News
KGK buys Laitis
KGK (KG Knutsson AB) owners Håkan Knutsson and Laitis Handels AB owner Mats Nilstoft have agreed that KGK will buy Laitis Handels AB including subsidiaries with…
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Automotive Aftermarket News
Market moves, company news and M&A across the automotive aftermarket — updated continuously by the Wolk & Nikolic editorial team.
Automotive Aftermarket News
Hart – first distributor in Poland to suspend sales due to Covid-19
Hart company from Opole, Poland, has suspended all business activity effective March 16th, due to Covid-19 outbreak. There’s no stated date of resuming sales. Hart is…
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Automotive Aftermarket News
Repuestos Rosado new member of ADR
Repuestos Rosado will be the new associated distributor of the national trade and buying group ADR in Spain. With this integration the group has a presence on the…
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Automotive Aftermarket News
ECUADOR: HIVIMAR S.A AND TEMOT INTERNATIONAL MAKE A STRONG TEAM
TEMOT International adds another key distributor to its international network: HIVIMAR S.A, a renowned spare parts distributor from Ecuador and one of the 300 largest companies…
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Automotive Aftermarket News
Alliance Automotive Group Acquires Jim Barker Motor Factors Ltd
AAG UK has just completed the acquisition of Jim Barker Motor Factors Ltd, an existing member of GROUPAUTO. Jim Barker is a single site light vehicle…
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Automotive Aftermarket News Croatian car parts trader Tokic agrees to take over Slovenian peer Bartog
Croatia’s largest car parts retailer Tokic has agreed to take over its Slovenian peer Bartog, Slovenian media reported. The transaction is pending approval by the Slovenian…
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Automotive Aftermarket News
Gaudí buy Auto Recanvis Joan
Recambios Gaudí has bought the Serca partner Auto Recanvis Joan (ARJ). Its general director Antonio Tejada has confirmed it to AUTOPOS. He has done so through an agreement…
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Automotive Aftermarket News
The German companies of the tire wholesaler Fintyre Group file for bankruptcy
Yesterday (Tuesday, February 11, 2020), bankruptcy petitions were opened at the Frankfurt am Main Local Court regarding the assets of REIFF Reifen und Autotechnik GmbH, tyre1…
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Automotive Aftermarket News
TEMOT INTERNATIONAL AND SERVIFRENO HIT THE GAS IN ECUADOR
TEMOT International and SERVIFRENO C.A., Ecuador’s leading Aftermarket distributor for light and heavy commercial vehicles, are teaming up to maximize business opportunities in the country. SERVIFRENO…
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Automotive Aftermarket News
Lausan leaves Groupauto
Groupauto Unión Ibérica and Lausan put an end to their corporate relationship, they have announced in a press release confirming what was an open secret. A movement…
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