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Steer expansion continues with acquisition of AW Repair Group
- 01/07/2022
- Posted by: Simon Wait
- Categories: Featured, News
Steer Automotive Group has announced the acquisition of all 12 AW Accident Repair Centres - bringing Steer Group to 55 sites with 1,000 staff and the capability to repair 85,000 vehicles a year. The rapidly expanding group's chief executive, Richard Steer, said in a statement: “Our strategic focus remains on [...] -
IAA completes Synetiq acquisition
- 07/03/2022
- Posted by: Alan Feldberg
- Category: News
IAA has completed the acquisition of Synetiq for £225m after receiving clearance from the UK’s Competition and Markets Authority. The businesses were previously required to be held separate under an initial enforcement order (IEO) issued by the CMA on 5 November. However, the IEO was revoked by the CMA on 10 [...] -
Repairify confirms AMT acquisition
- 23/02/2022
- Posted by: Alan Feldberg
- Category: News
Repairify has announced the acquisition of AutoMobile Technologies (AMT), a leading provider of enterprise-grade used vehicle reconditioning software. AMT’s technology helps automotive reconditioning providers replace paperwork, enforce processes, and gain instant visibility into business operations regardless of [...] -
Solera strengthens AI services
- 10/02/2022
- Posted by: Alan Feldberg
- Category: News
Solera Holdings has signed a definitive agreement to acquire Spireon, one of North America’s largest device-independent telematics and connected vehicle intelligence companies. The acquisition from Greenbriar Equity Fund will further strengthen Solera’s position as a leading provider of AI-powered software, [...] -
Axalta confirms U-POL acquisition
- 16/09/2021
- Posted by: Alan Feldberg
- Category: News
Axalta has completed the acquisition of U-POL. The acquisition of U-POL, which supplies paint, protective coatings and accessories primarily for the automotive aftermarket, continues Axalta’s broader growth strategy. Robert Bryant, Axalta’s chief executive officer, said: “The acquisition of U-POL is [...] -
DM Keith expands in Yorkshire
- 09/07/2021
- Posted by: Alan Feldberg
- Category: News
DM Keith has acquired the Ringways Motor Group. With the acquisition DM Keith now represents six brands, with 13 showrooms and two accident repair centres across 10 Yorkshire and Lincolnshire locations. Dougal Keith, managing director, said, “The acquisition of Ringways, a well-known and respected business in [...] -
Solera continues acquisition strategy
- 08/06/2021
- Posted by: Alan Feldberg
- Category: News
Solera has announced three new acquisitions intended to further streamline its end-to-end vehicle lifecycle solutions. It has acquired Omnitracs, DealerSocket and eDriving. Omnitracs is a leading fleet management platform, DealerSocket is a best-in-class SaaS provider to the automotive industry and eDriving is the [...] -
Lookers acquire Benfield Motor Group
- 04/09/2015
- Posted by: Simon Wait
- Category: News
The largest independent motor group in the North East, Benfield, has been acquired by Lookers plc for £87.5m in cash. The firm has grown into a leading motor retail and after-sales service group, with 30 dealerships, more than 1,600 staff and an annual turnover of nearly £700m. Chief executive of the [...]
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