Bridgestone And Pep Boys Agree On Amended Terms To Merger Agreement
The Pep Boys board of directors continues to unanimously recommend that Pep Boys shareholders accept Bridgestone’s offer and tender their shares pursuant to that offer.
AMN Executive Interview With Brent Windom, President And CEO, Auto Plus
Following the June acquisition of substantially all of the assets of Uni-Select USA Inc. and Beck/Arnley Worldparts by Icahn Enterprises, Brent Windom – a longtime Uni-Select USA employee – was tapped to serve as president and CEO of the business, now called Auto Plus. Windom and Auto Plus are now embarking on an aggressive growth strategy based on its strong history of technology investments and major market acquisitions. Windom recently sat down with Counterman’s sister publication aftermarketNews to provide readers with an update on the business and where it’s headed.
Uni-Select Reorganizes Corporate Management Structure
Uni-Select announced in a press release that the objective is to streamline and reduce the size of its corporate support functions. As a result, the role of vice president, corporate services and chief financial officer (CFO) will be transitioned into a more traditional financial role of CFO.
Federal-Mogul To Purchase Affinia Chassis Components Business
Acquisition will expand Federal-Mogul’s customer and product presence in core chassis business, company says. SOUTHFIELD, Mich. — Federal-Mogul announced that it has entered into a definitive asset purchase agreement to acquire Affinia’s chassis components business. The Affinia business serves leading U.S. aftermarket customers with branded and private label chassis product lines. The transaction is
Federal-Mogul Signs Definitive Agreement To Purchase Significant Portion Of Honeywell Friction Business
Acquisition expands global reach in Federal-Mogul’s core business of brake friction materials. BAD CAMBERG, Germany — Federal-Mogul Corp. today announced that its European subsidiaries entered into a definitive purchase agreement to acquire certain business assets of the Honeywell automotive and industrial brake friction business including two recently established manufacturing facilities in China and Romania. Honeywell
Jose Maria Alapont To Retire As President And CEO Of Federal-Mogul; Rainer Jueckstock Elected As Successor
Federal-Mogul also announced that its board has decided to modify the company’s corporate structure to create a separate and independent aftermarket division and has engaged a search firm to fill the position of CEO of the aftermarket division.
Top Ten News Makers of ’07
For the fourth year in a row, the editorial staffs of aftermarketNews and Counterman magazine have selected 10 individuals who have made an impact on the industry this past year. The list is presented in alphabetical order.