Genuine Parts Co. Completes Automotive Acquisition in Germany
Hennig Fahrzeugteile Group, headquartered in Essen, North Rhine-Westphalia, is one of Germany’s leading suppliers of vehicle parts.
Motorcar Parts of America Acquires Manufacturer of EV Testing Equipment
E&M Power’s advanced power emulators “provide the foundation for vehicle-electrification development and production testing,” according to E&M’s website.
Icahn Automotive Announces Agreement to Acquire RPM Automotive
Headquartered in Jacksonville, Florida, RPM Automotive operates 10 locations in the northeastern part of the state.
Advance Auto Parts Shifting Corporate Headquarters to Raleigh, NC
Currently based in Roanoke, Virginia, Advance has more than 2,900 full-time employees in North Carolina, including more than 700 workers at its existing offices in Raleigh.
KSI Trading Corp. to Acquire Richmond Tidewater Bumper in Virginia
Founded in 1980 by Norman Seay, Richmond Tidewater Bumper sells OEM-look-alike crash parts to body and paint shops.
Interstate Batteries Deal with Advance Auto Parts Is Off
“The value envisioned by both parties was compelling, but circumstances changed,” Advance CEO Tom Greco said during the company’s May 22 quarterly earnings call.
BumperSuperstore.com Acquired
BumperSuperstore.com offers a wide selection of aftermarket bumpers from more than two dozen manufacturers for most models of trucks and Jeeps.
Tenneco To Acquire Federal-Mogul From Carl Icahn For $5.4 Billion
Tenneco also announced its intention to separate the combined businesses into two independent, publicly traded companies through a tax-free spinoff to shareholders that will establish an aftermarket and ride performance company and a powertrain technology company.
Parts Authority To Acquire Interamerican Motor Corp. From AutoZone
IMC is one of two business segments that AutoZone is divesting.
Icahn Automotive Acquires Four Detroit-Area Service Centers
Icahn Automotive Group announced that it has purchased four independently owned service centers in the Detroit area.
Icahn Automotive Group Acquires 19 Independent Repair Facilities
Icahn Automotive Group announced that it has purchased 19 independently owned service locations throughout the United States.
Advance Auto Parts, Interstate Batteries Announce Strategic Partnership
Advance Auto Parts and Interstate Batteries announced a strategic partnership “to better-serve the changing needs of the automotive aftermarket with premium-quality products, expanded availability and enhanced customer service.”