Topic
Business deals and partnerships

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What aftermarket companies could be sold in 2024?
January 12, 2024 by Adam Malik

After a flurry of activity in 2023, what other deals could be in store for 2024 in the Canadian automotive aftermarket? Canada saw a pair of distributor giants announce their sales in 2023 with LKQ’s acquisition of Uni-Select and O’Reilly…

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ASW Conversations: Canadian M&A: The Vast-O’Reilly deal and more
January 10, 2024 by Adam Malik

2023 finished off with some major news: O’Reilly Automotive announced it had acquired Groupe Del Vasto, which operates Vast-Auto Distribution. We spoke to a few industry experts about the implications of the deal. One of them was Kumar Saha, a…

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Epicor acquires last mile company
November 27, 2023 by Adam Malik

Epico announced it has acquired Elite Extra, a cloud-based last-mile delivery solutions provider. The deal, it said in an announcement, expands its ability to help customers across the make, move and sell industries simplify last-mile logistics and compete in a…

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Two coaching groups merge
November 23, 2023 by Adam Malik

The Institute for Automotive Business Excellence announced a merger Herzberg Smith & Co. Michael Herzburg Smith will join, Jimmy Lea as part of the institute leadership’s team as the chief strategy officer. He will spearhead the company’s expansion programs, fostering…

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Worldpac, Carquest could be up for sale
November 17, 2023 by Adam Malik

Advance Auto Parts announced it is beginning the process of looking into spinning off its Worldpac division and its Canadian business under the Carquest banner. The announcement came as the company has decided to focus on a “blended box business…

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Uni-Select acquires Auto Parts Central
October 6, 2023 by Adam Malik

An award-winning network of central Canadian jobbers plus its supplier parent company have been acquired by Uni-Select. Auto Parts Central and Central Canada Industries, both owned by Wayne Maunula with presence in Ontario, Manitoba and Saskatchewan, are now part of…

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I-CAR boosts Canadian welding training
October 3, 2023 by Adam Malik

I-CAR Canada announced a partnership with the Canadian Welding Bureau (CWB Group) to increase welding training opportunities across the country. The partnership will see CWB lend its training facilities in Milton, Ontario, and Nisku, Alberta, as well as instructors nationwide…

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TotalEnergies signs distribution deal in Quebec
September 27, 2023 by Adam Malik

TotalEnergies Marketing Canada Inc. inked a commercial partnership with Paquet & Fils for the marketing of its lubricants for the Quebec market. Paquet & Fils specializes in distributing petroleum products and equipment for Quebec. This move will see TotalEnergies consolidate…

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SKF, Hazet, announce partnership
September 18, 2023 by Adam Malik

Two companies are teaming up to develop needs for automotive shops. SKF and Hazet announced the technical partnership for the independent automotive aftermarket where they will co-develop solutions. Hazet is a manufacturer of hand tools and workshop equipment. SKF offers…

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Done deal: LKQ completes Uni-Select acquisition
August 1, 2023 by Adam Malik

It’s now official: Quebec-based Uni-Select has been acquired by Chicago-based LKQ Corporation. News of the deal first sprouted in late February. After getting regulatory and shareholder clearance, as well as LKQ waiving some conditions, the deal was completed under the…

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Regulator asks for remedy in LKQ-Uni-Select deal
July 24, 2023 by Adam Malik

The U.K. Competition and Markets Authority is requiring a remedy (known as “undertakings in lieu of reference”) in the LKQ Corporation deal for Uni-Select following its fast-track Phase 1 review process. The competition regulator made the request to address concerns…

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Groupe Touchette acquires wheel maker
July 17, 2023 by Adam Malik

Tire distributor Groupe Touchette announced it has acquired Fastco Canada, which designs, manufactures and distributes alloy wheels. In an announcement, Groupe Touchette said the deal will allow it to expand its customer service offering and give Fastco greater access to…