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Automotive Aftermarket Service and Repair

Icahn Automotive Completes Acquisition Of Precision Auto Care Inc.

“We are extremely pleased to welcome to the Icahn Automotive family more than 320 corporate-owned and franchised Precision Tune service locations in the U.S. and internationally,” said Daniel Ninivaggi, CEO of Icahn Automotive Group LLC.

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Icahn Automotive Group LLC, a wholly-owned subsidiary of Icahn Enterprises L.P., has completed the acquisition of automotive service company Precision Auto Care Inc., parent company of Precision Tune Auto Care.

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“We are extremely pleased to welcome to the Icahn Automotive family more than 320 corporate-owned and franchised Precision Tune service locations in the U.S. and internationally, along with Precision Auto Care CEO Robert Falconi and his leadership team,” said Daniel Ninivaggi, CEO of Icahn Automotive Group LLC.

“This acquisition is a significant step in our strategy to expand our national automotive service network, and enhances our existing store footprint in support of our goal to provide customers with premium parts and services at a great value,” said Ninivaggi.

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