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TrustFord enhances London footprint
- 14/05/2021
- Posted by: Alan Feldberg
- Category: News
TrustFord has acquired a Ford dealership from Cambria Automobiles plc in Wimbledon. The group has also taken over the Ford franchise for new car and commercial vehicle customers in the Croydon area. The newly-acquired site has been rebranded as TrustFord and is now fully-operational under new ownership, with a [...] -
SCP acquires Alloy wheel repair specialists
- 17/11/2015
- Posted by: Simon Wait
- Category: News
Soundcore Capital Partners, a control-oriented, New York-based private equity firm that invests in lower middle market businesses, today announced that it has completed the acquisition of Alloy Wheel Repair Specialists, the world's largest full-service alloy wheel repair and replacement company. This marks the [...] -
Solera sale to move forward
- 13/10/2015
- Posted by: Simon Wait
- Category: News
Solera has said that regulators have given early clearance for the insurance software provider to be taken over by private-equity firm Vista Equity Partners. The companies announced the agreement in September, saying it was valued at $6.5 billion, including net debt. The closing of the deal is still pending a vote [...] -
AXA acquire Global Insurance Management
- 15/09/2015
- Posted by: Simon Wait
- Category: News
Multinational insurance firm AXA has acquired Coventry based insurance expertise provider Global Insurance Management. AXA has previously underwritten the risk for Global Insurance Management, however this acquisition will mean an entire takeover of the company. AXA Assistance Europe regional chief executive, [...] -
Mitsui Sumitomo to buy Amlin for £3.7m
- 09/09/2015
- Posted by: Simon Wait
- Category: News
Japanense firm Mitsui Sumitomo Insurance Co. has agreed to buy UK insurance company Amlin PLC for £3.47 billion ($5.3 billion), in the latest consolidation of the global insurance market. The companies said Amlin shareholders would receive 670 pence a share in cash, a 36% premium over its closing price [...] -
Snap-on Acquires Ecotechnics
- 10/08/2015
- Posted by: Simon Wait
- Category: News
Snap-on Incorporated, a leading global manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks, announced that it acquired the assets of Ecotechnics for approximately $13.0 million in cash. Based in Sesto Fiorentino, Italy, [...] -
Service King acquires Cathedral City Collision
- 04/08/2015
- Posted by: Simon Wait
- Category: News
Service King Collision Repair Centers, a multi-state operator of collision repair centers and one of the fastest-growing collision repair companies in the US, announced continued expansion in the southern California market after reaching an agreement to acquire Cathedral City Collision. Service King and Cathedral [...] -
JCC – the questions and answers
- 24/07/2015
- Posted by: Simon Wait
- Category: News
Following this morning's announcement of the acquisition of JCC by Nationwide, we caught up with JCC to find out more: What are the details of the transaction? The boards of directors of JCC and Nationwide have today announced that they have reached agreement on the terms of a recommended cash offer whereby the [...] -
Nationwide acquires JCC
- 24/07/2015
- Posted by: Simon Wait
- Category: News
Nationwide Accident Repair Services (NARS) and Just Car Clinics Group (JCC) announced today that they have agreed terms for Nationwide to acquire JCC for a cash consideration which values JCC at approximately £13.77m. The offer remains conditional on the approval of shareholders of JCC and is expected to close in [...] -
Horiba acquire UK group Mira
- 15/07/2015
- Posted by: Simon Wait
- Category: News
A Japanese industrial group has swooped on Mira, the British automotive company that is a pivotal player in the future of driverless cars. Horiba announced on Tuesday that it had acquired the former Motor Industry Research Association for an undisclosed sum. Mira began life in 1945 as a government-funded test [...]