IMC Acquired from AutoZone by Parts Authority
IMC operates 26 locations across nine states and is the second-largest distributor of OE quality import replacement parts in the United States, says the company.
Mavis Discount Tire And Express Oil Change & Tire Engineers To Merge
The two companies say this transformational transaction will create one of the largest automotive service providers in the U.S.
Parts Authority Opens A New Location In El Cajon, California
The company has seen significant growth in the past 12 months. Last year, Parts Authority acquired three businesses: World Auto Parts in Cleveland; Mainline Auto Parts in Baltimore; and the former One Stop Parts Source franchise location in Riverside, California.
Lube-Tech Auto Parts Merges With Mighty Auto Parts Distribution Franchise
Through this merger, Lube-Tech now expands its customer offering in the Green Bay and Appleton, Wisconsin, markets.
Spectrum Brands Holdings Agrees To Sell Global Battery And Lighting Business To Energizer Holdings Inc. For $2B In Cash
The company is repositioning itself with increased focus on its Hardware & Home Improvement, Global Auto Care and Pet, Home & Garden businesses.
Hopkins Acquires Tiger Accessories Group
As part of the acquisition, Hopkins will add an operations and marketing office in Long Grove, Illinois, which will focus on the acquired products. MAT will continue to distribute the acquired products for the near future.
Gentex Takes Equity Stake In Yonomi To Help Bring Home Automation To The Auto Industry
The two companies recently completed the Series A financing and signed a licensing agreement allowing Gentex to utilize Yonomi software solutions that help apps and services integrate with a wide variety of smart home technologies. Gentex President and CEO Steve Downing also has joined Yonomi’s board of directors.
Hastings Manufacturing Merges With Piston Rings Komarov
Piston Rings Komarov is a leader in the design and manufacturing of state-of-the-art piston rings with an established footprint competitively serving global customers, particularly in the European and Russian regions.
Chinese Carmaker Geely Buys Stake In AB Volvo
Reuters reports that the business is worth approximately $3.3. billion.
Icahn Automotive Group Continues To Expand Aftermarket Footprint
Recent acquisitions include 19 service centers and an NYC auto parts distribution business.
DENSO Acquires InfiniteKey Inc. To Advance Keyless Automotive Experience
DENSO says replacing keys with smartphones will enable a broad range of mobility, including ridesharing and driverless services.
Horizon Global To Acquire Brink Group From H2 Equity Partners
The addition of the Brink brand strengthens the company’s global brand platform and broadens global product technologies.