Topic
Mergers and Acquisitions

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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…

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Litens acquires controlling interest in Spanish supplier
November 14, 2022 by Adam Malik

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.…

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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…

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Maslack Supply to be acquired
July 29, 2022 by Adam Malik

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…

       News Auto Repair & ServiceJobbers & WDsMergers and AcquisitionsSupplier News & AnnouncementsTire & Wheel

Groupe Touchette to acquire National Tire Distributors
July 19, 2022 by Adam Malik

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…

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Long-time Bestbuy member joins Uni-Select
May 25, 2022 by Adam Malik

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 &…

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BBB Industries to be acquired
May 25, 2022 by Adam Malik

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…

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3M acquires LeanTec technology
May 2, 2022 by Adam Malik

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…

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Plews & Edelman acquires Blissfield
March 21, 2022 by Adam Malik

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.…

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BBB acquires European parts manufacturers
August 16, 2021 by Adam Malik

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…

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Uni-Select Canada completes acquisition of Pièces d’Auto St-Jean Inc.
November 4, 2020 by Christine Hogg

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…

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Dana to acquire portion of Modine’s thermal business
November 3, 2020 by Allan Janssen

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…