Auto Service World

Topic
Mergers and Acquisitions

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GPC divests itself of business products company
July 3, 2020 by Allan Janssen

Genuine Parts Company (GPC) has completed the sale of S.P. Richards Company, a business products wholesaler that distributes more than 98,000 products to 9,000 resellers and distributors throughout the United States from a network of 44 locations. S.P. Richards’ core U.S.

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BBB Industries acquires Spanish company
June 4, 2020 by Allan Janssen

Alabama-based BBB Industries has acquired the equity interests of Grupo Metalcaucho, a leading European aftermarket supplier in the rubber and metal product segment. Metalcaucho has a catalogue including over 22,000 SKUs and sales in more than 64 countries. “Metalcaucho’s expertise

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Uni-Select Canada joins the Aftermarket Auto Parts Alliance
June 2, 2020 by Allan Janssen

Uni-Select Inc. announced today that, effective June 1st 2020, Uni-Select Canada Inc. has joined the Aftermarket Auto Parts Alliance, a global network of independent automotive warehouse distributors, forming the largest Canadian group in this sector. “We are glad to join

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PWI, Tri-States announce merger
May 19, 2020 by Allan Janssen

Parts Warehouse, Inc. (PWI), based in Little Rock, Ark., and Tri-States Automotive Warehouse, headquartered in Marianna, Fla., have announced intentions to merge their two multi-generational family-owned businesses. Tri-States will become a part of Parts Warehouse when the anticipated merger is

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Continental strengthens North American automotive import channel
May 1, 2020 by Allan Janssen

On the heels of its recent acquisition of CRP Industries’ Continental-related belt and kit program, Continental’s North American automotive aftermarket business has now the capability to provide a full complement of belt, kit and hose products and services to all

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BorgWarner acquisition of Delphi in jeopardy: web report
April 30, 2020 by Allan Janssen

Wards Auto is reporting that the recently announced acquisition of Delphi Technologies by BorgWarner could be in jeopardy. The company’s news site says Delphi’s use of a $500 million line of credit is being interpreted by BorgWarner as a violation of

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Alliance signs Grupo Morsa as Auto Value shareholder
February 19, 2020 by Allan Janssen

Grupo Morsa, an automotive parts distributor based in Sinaloa, Mexico has joined the Aftermarket Auto Parts Alliance as an Auto Value shareholder. “Grupo Morsa is a fantastic fit for the Alliance,” said John R. Washbish, president and CEO of the

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BorgWarner agrees to purchase Delphi Technologies
January 28, 2020 by Allan Janssen

BorgWarner Inc. has entered into an agreement to purchase Delphi Technologies PLC in an all-stock transaction that values Delphi Technologies’ enterprise at about US$3.3 billion. According to a joint press release, the deal creates “a global enterprise focused on innovating

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Mahle officially takes over BHS tomorrow
December 31, 2019 by Allan Janssen

Mahle Aftermarket officially takes over Behr Hella Service (BHS) tomorrow, when all existing BHS activities are transferred to Mahle’s control. The new logistics center in Wrocław, Poland, the future hub for thermal management products for passenger cars, trucks, agricultural vehicles,

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Fiat-Chrysler and Peugeot sign deal for 50 50 merger
December 20, 2019 by Allan Janssen

The boards of Fiat Chrysler Automobiles and PSA Peugeot have signed a binding merger creating the world’s fourth-largest automaker with the scale to confront the challenges of stricter emissions regulations and the transition to new driving technologies. The companies said

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J.D. Power to merge with Autodata Solutions
December 17, 2019 by Allan Janssen

Data analytics and consumer intelligence company J.D. Power has announced it will merge with Autodata Solutions, a provider of data and software solutions for the automotive ecosystem. The merger marks the completion of J.D. Power’s acquisition by private equity firm

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Rislone, Hy-per Lube combine in brand realignment
November 13, 2019 by Allan Janssen

Two top brands in automotive repair and performance chemicals, Rislone and Hy-per Lube, are coming together to create a new line of premium products focused on high-performance. The new Rislone Hy-per family will include all the current Hy-per Lube motor