Topic
Business deals and partnerships

       News Association NewsAuto Repair & ServiceBusiness deals and partnershipsJobbers & WDsSupplier News & Announcements

JNP Soft Opticat partners with MEMA Aftermarket Suppliers
June 5, 2023 by Adam Malik

A new strategic partnership between JNPSoft OptiCat and MEMA Aftermarket Suppliers will offer value-added benefits MEMA will offer unique incentives on JNPSoft OptiCat licensed products, access to resources and trade information for new members of its aftermarket suppliers group. “MEMA…

       News Auto Repair & ServiceBusiness deals and partnershipsConsumer trendsElectric VehiclesJobbers & WDsSupplier News & Announcements

Ford to use Tesla’s EV charging network
June 1, 2023 by Adam Malik

Ford and Tesla have agreed on a partnership that will see the Detroit-based automaker adopt Tesla chargers on its electric vehicles, making them accessible to Tesla’s network. It’s a move that surprised many industry analysts who have noted Tesla’s preference…

       News AnnouncementsAuto Repair & ServiceBusiness deals and partnershipsJobbers & WDsMergers and AcquisitionsSupplier News & Announcements

Uni-Select’s shareholders OK deal
May 4, 2023 by Adam Malik

Uni-Select recently announced that its shareholders gave the thumbs up to the sale of the company to LKQ Corporation. A special meeting of shareholders saw the resolution approved by nearly 99 per cent of votes cast by shareholders present virtually…

       News Auto Repair & ServiceBusiness deals and partnershipsJobbers & WDsSupplier News & Announcements

Autel, Repairify announce partnership
March 20, 2023 by Adam Malik

Repairify announced an exclusive long-term agreement with Autel U.S. to deliver its patented global OEM remote solutions for diagnostics, calibrations, and programming through Autel’s remote-capable products across North America. Under the agreement, Repairify will integrate its solutions as a new…

       News AnnouncementsBusiness deals and partnershipsBusiness expansionInternational News

Couche-Tarde acquires some TotalEnergies gas stations
March 17, 2023 by Adam Malik

Canadian convenience store operator Alimentation Couche-Tard is buying some European gas stations belonging to TotalEnergies in a multi-billion dollar deal. Valued at €3.1 billion (CAN$4.5 billion), Couche-Tard said it plans to turn the stations into food and services hubs. The…

       News Auto Repair & ServiceBusiness deals and partnershipsJobbers & WDsMergers and AcquisitionsSupplier News & Announcements

Uni-Select to be sold to LKQ
February 27, 2023 by Adam Malik

An agreement has been reached for LKQ Corporation to acquire Uni-Select Inc. in an all-cash deal. LKQ will buy all of Uni-Select’s issued and outstanding shares for $48 per share in cash, valuing the transaction at about CAN$2.8 billion. It…

       News AnnouncementsAssociation NewsAuto Repair & ServiceBusiness deals and partnershipsBusiness Management

AARO, CFIB partner up
February 9, 2023 by Adam Malik

A new partnership between the Automotive Aftermarket Retailers of Ontario and the Canadian Federation of Independent Business will give AARO members free membership to the CFIB. Members will have access to CFIB offerings, such as business support, savings programs and…

       News AnnouncementsAuto Repair & ServiceBusiness deals and partnershipsBusiness expansion

In Motion Brands, CrashBay set up partnership
February 9, 2023 by Adam Malik

In Motion Brands announced a strategic partnership with CrashBay.com. The company will deliver a state-of-the-art digital showroom for both tire and wheel e-commerce, along with a national service network of automotive service providers facilitating the procurement and installation of tire…

       News Auto Repair & ServiceBusiness deals and partnershipsBusiness expansionJobbers & WDsMergers and AcquisitionsSupplier News & Announcements

Ideal Supply expands with another acquisition
November 21, 2022 by Adam Malik

Wyebridge Machine Limited, run by the MacLennan family in Midland, Ontario, has sold its NAPA franchise to Ideal Supply. The deal closed on Nov. 4. Ideal Supply announced the acquisition on Nov. 18. Ideal is NAPA’s largest network of franchise…

       News Auto Repair & ServiceBusiness deals and partnershipsBusiness expansionIndustry TrendsJobbers & WDsMergers and AcquisitionsSupplier News & Announcements

Why consolidation won’t slow down
August 24, 2022 by Adam Malik

Money and reduced physical barriers are the combinations that will see continued merger and acquisition activity, according to a long-time automotive aftermarket leader. The number of independent suppliers has dwindled in recent years with many brands now falling under one…

       News AnnouncementsAuto Repair & ServiceBusiness deals and partnershipsEvent NewsIndustry TrendsJobbers & WDsSupplier News & Announcements

Why you should expect more M&A activity
April 1, 2022 by Adam Malik

There’s plenty of money on the sidelines and everyone from banks to private equity firms don’t want to sit on it. So some of that money could be used to fund acquisitions, suggested an expert. Furthermore, interest rates are low…

       News Business deals and partnershipsJobbers & WDsSupplier News & Announcements

McDougall, Dowler-Karn acquisition closes
March 7, 2022 by Adam Malik

A deal between two of Ontario’s biggest fuel and lubricant distributors has closed. McDougall Energy acquired Dowler-Karn in a deal announced just before Halloween 2021 and closed Feb. 28. Both are family-owned companies. Dowler-Karn was a third-generation business that manages…