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Acquisitions look set to occur
- 22/07/2015
- Posted by: Simon Wait
- Category: News
According to sources, the UK accident repair market is on the cusp of further major changes as acquisition market intelligence circulates. bodyshop has learned that two work providers, in particular, have started to re-assess the relationship they have with their repair partners as acquisition observations [...] -
Motofix expands into south west
- 21/07/2015
- Posted by: Simon Wait
- Category: News
Motofix Group, one of the UK's leading independent regional vehicle accident repair and bodyshop groups, has added Yeovil’s Andrew Symms Car Body Repairs to its expanding accident repair network. Following the acquisition, Motofix Group chief executive Richard Tutt said, ‘We are delighted to be back on [...] -
FIX AUTO UK’S growth continues
- 17/07/2015
- Posted by: Simon Wait
- Category: News
Fix Auto UK has further increased its foothold in the North West of England with Wilson & Co of Bolton becoming the latest bodyshop to join the network. Now operating as Fix Auto Bolton, the appointment could not be timelier, as the centre is currently undergoing a major redevelopment as part of a £1.5 million [...] -
Making road cycling safer
- 17/07/2015
- Posted by: Simon Wait
- Category: News
A new start-up company, Lumos, is being propelled into the spotlight with its ‘Next Generation Bicycle Helmet’, thanks to a Kickstarter campaign and sharing on social media. The hi-tech Lumos cycle helmet features integrated headlights, indicators and a brake light, improving both visibility and awareness for [...] -
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 [...] -
AA enter partnership with BOI
- 15/07/2015
- Posted by: Simon Wait
- Category: News
The Automobile Association and the Bank of Ireland and have announced a new 10-year minimum financial partnership in the UK, which will offer AA members financial services ranging from credit cards, unsecured loans, savings and mortgages. AA has nearly four million members to whom it has offered financial [...] -
Solera acquire 100% of Identifix
- 14/07/2015
- Posted by: Simon Wait
- Category: News
Solera acquire 100% of Identifix Solera today announced it has entered into a definitive agreement to acquire 100% ownership of Identifix, an industry leading data-driven software company within the $8 billion vehicle service, maintenance and repair (SMR) total addressable market. Identifix builds proprietary [...] -
Volvo acquire 100% of Polestar
- 14/07/2015
- Posted by: Simon Wait
- Category: News
Premium carmaker Volvo has acquired 100 per cent of Polestar, the Swedish high performance car company, including the Polestar brand. Polestar will now be used as the model name for special high performance Volvos. Polestar will also in future utilise Volvo’s twin engine electrification technology to develop next [...] -
ABRA Auto Body acquire KAB
- 13/07/2015
- Posted by: Simon Wait
- Category: News
ABRA Auto Body & Glass, a leading damaged vehicle repair company in the US, closed today on the agreement announced last month to acquire all 23 Kadel’s Auto Body locations in Idaho, Oregon and Washington. Terms of the acquisition were not disclosed. Nomura arranged financing for the transaction. Harris Williams [...] -
Key points from Budget 2015
- 08/07/2015
- Posted by: Simon Wait
- Category: News
Today, in the 'Emergency' July Budget, and the first Conservative majority budget since 1996, George Osborne said he is setting out a ‘Budget for working people’ that will create a ‘lower tax, lower welfare’ country. George Osborne told MPs his Budget would set ‘out a plan for Britain for the next five [...]