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…
Toronto-based Litens Automotive Group announced it has acquired a controlling interest in Spain-based Industrias Dolz SA. Litens is a global automotive supplier of powertrain system engineering and component supply. Dolz manufactures and distributes automotive water pumps and other powertrain products.…
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…
Uni-Select is acquiring a major aftermarket player in northern Ontario. The Boucherville, Quebec-based company announced this week that it has entered into a definitive agreement to acquire Maslack Supply Limited, plus its related real properties. Maslack, the Jobber of the…
American Tire Distributors’ Canadian subsidiary is set to be acquired by Groupe Touchette. The two sides announced the agreement on July 13 where Groupe Touchette will take over National Tire Distributors. This, the company said in an announcement, “will significantly…
After more than half a century as part of the Bestbuy family, Colonial Auto Parts will move under the Uni-Select banner. Uni-Select made the announcement on May 24 that it had “entered into a strategic agreement” with Colonial Garage &…
Sustainable manufacturer BBB Industries announced that has agreed to be acquired by a private equity firm. Clearlake Capital Group will lead the acquisition and be the majority shareholder in the company. There will also be investments by another private equity…
3M announced the acquisition of the technology assets of LeanTec, a provider of digital inventory management solutions for the automotive aftermarket in the United States and Canada. In an announcement, 3M noted the deal shows the company’s commitment to its…
Plews & Edelmann completed its purchase of Blissfield Manufacturing, a third-generation Tier 1 manufacturer of refrigeration products and condensers. Plews, which manufacturers power steering components, hoses, automotive fittings and turbo oil lines, also acquired Blissfield’s technology, designs and manufacturing equipment.…
Remanufacturer BBB Industries announced last week that it had acquired two Europe-based aftermarket parts manufacturers and distributors. Rubber and rubber-to-metal aftermarket distributor FARE Automotive and automotive parts distributor BBF — better known as Redline Auto Parts — were acquired in…
Uni-Select Canada Inc. has completed the acquisition of Pièces d’Auto St-Jean Inc. with two locations located on the south shore of Montréal. Pièces d’Auto St-Jean is a distributor of automotive aftermarket parts and paints and a member of the Uni-Select…
Dana Incorporated has signed a definitive agreement to purchase a portion of the thermal-management business of Modine Manufacturing Company’s automotive segment. The transaction strengthens Dana’s Power Technologies business unit. The agreed purchase price was $1 with the assumption of certain…