Exco Sells its Paint Lasing Business - aftermarketNews

Exco Sells its Paint Lasing Business

Exco Technologies Limited, which serves the die-cast, extrusion and automotive industries, has sold its paint lasing business to Emerald Graphics, a private North American automotive interior decorative supplier. The asset sale took effect Aug. 30.

TORONTO — Exco Technologies Limited, which serves the die-cast, extrusion and automotive industries, has sold its paint lasing business to Emerald Graphics, a private North American automotive interior decorative supplier. The asset sale took effect Aug. 30.

The sale marks the conclusion of Exco’s efforts to exit the paint and lasing business, which was previously announced on June 14, when the business was classified as a discontinued operation.

Terms of the agreement were not disclosed. The financial results of the sale will be reported in the company’s fourth quarter results and are not expected to be materially different from those previously estimated.

To learn more about Exco, go to: www.excocorp.com.

_______________________________________

Click here to view the rest of today’s headlines.

You May Also Like

Certified Collision Group Enters Canadian Market

CCG also announced that 15-year industry veteran Rebecca Fyfe will lead the efforts in Canada as vice president of sales, Canada.

Certified-collision-group

Certified Collision Group (CCG), the OE certifications and solutions provider to the collision repair and insurance communities, announced the company has brought its business model of supporting independent collision operators to Canada. As a sign of this commitment, CCG also announced that 15-year industry veteran Rebecca Fyfe will lead the efforts in Canada as vice president of sales, Canada.

Bosch Joins CAPA’s Tier 1 Replacement Parts Verification Program

Bosch intends to submit its ultrasonic parking sensors for CAPA verification.

Repairify, Autel to Add New Collision Solutions

Repairify’s remote services and OEM tool scans will be integrated with Autel’s Remote Expert platform.

Greenbriar Announces Recapitalization of VIVE Collision

The recapitalization of VIVE from Garnett Station Partners broadens Greenbriar’s footprint in the auto aftermarket sector.

Caliber’s TAP Graduates 1,000th Auto Body Repair Apprentice

TAP, a 10-12 month program certified by the Department of Labor, offers free, hands-on auto body technician training.

Caliber TAP program

Other Posts

Caliber Adds Troy Mason as Senior VP for Caliber Auto Glass

A veteran of the auto glass industry, Mason will oversee brand operations, business expansion and go-to-market strategies.

Caliber Auto Glass Troy Mason
3M Opens 3M Skills Development Center

The new training facility is dedicated to upskilling technicians and fostering talent in the collision repair industry.

Three Orlando-Area Women Receive Recycled Rides

It was part of the 2023 Driven Brands Collision Conference at the Gaylord Palms Resort and Convention Center.

Texas Veteran, Widow Receives Recycled Ride

LaFonda Roberson, a veteran from Frisco, Texas, received a 2016 Hyundai Accent on Oct. 6.