Honeywell to Sell Consumer Products Group Business to Rank Group for $950 Million
MORRIS TOWNSHIP, N.J. — Honeywell has announced that Rank Group, a private investment company, will acquire its automotive Consumer Products Group (CPG) business in a cash transaction valued at approximately $950 million. The CPG business, headquartered in Danbury, Conn., has more than 2,000 employees and includes four leading consumer automotive brands: FRAM filters, Prestone antifreeze,
Wells Manufacturing Named Preferred Vendor by Automotive Parts Associates
FOND DU LAC, Wis. — Wells Manufacturing has been named a “Preferred Vendor” by Automotive Parts Associates Inc. (APA), a member-owned cooperative of more than 100 leading replacement parts distributors throughout the U.S. and Canada. Wells, manufacturer of Wells Vehicle Electronics and Airtex Engine Management products, had previously been an “Approved Vendor” for the distribution
UCI International Announces Plan for Initial Public Offering
UCI International intends to list its common stock on the New York Stock Exchange under the symbol “UCII.”
The Plan Behind Plan-O-Grams
How Smarter In-Store SKU Placement Can Dramatically Improve Sales
Top Ten Distribution Influences
For the eighth consecutive year, Counterman magazine presents the ten trends and issues that influence the aftermarket parts distribution industry. For this year’s list, Counterman and aftermarketNews.com editors examined all the major issues, eventually paring the list down to those issues that most affect today’s and tomorrow’s aftermarket industry.
Who’s Buying Whom?
Who owns the suppliers of today? New owners include leveraged buyout firms, putting a new spin on the old consolidation trend.