Leeds West Groups (LWG) is buying Auto Systems Experts (ASE), an employee-owned company based out of Davenport, Iowa, that operates 42 Midas locations in six states in the Midwest.
Icahn Automotive Group LLC has purchased B.S.& F. Auto Parts Inc. in New York City from Joe Ferrer.
Cardone Industries Inc. has acquired a controlling interest in ADP Distributors Inc., the parent company of turbocharger manufacturer Rotomaster International.
Michelin Group has acquired two manufacturers of tire pressure control systems with one goal in mind: to become the global leader for central tire inflation systems (CTIS) in the agricultural market. It also marks Michelin's entrance into the larger world of providing solutions to farmers beyond tires.
K&M Tire Inc. is moving into the northeastern U.S. with the acquisition of MotoStar Tire and Auto Products Inc.
Stemco LP, a manufacturer of heavy-duty components for commercial vehicles, has purchased Commercial Vehicle Components Co. Ltd. (CVC), a manufacturer of air disc brake and medium-duty hydraulic disc brake pads.
Brett Ponton, the new CEO and president of Monro Inc., acknowledges store traffic “has been a challenge” in recent years, but he believes there is “real potential to strengthen our in-store execution, and by doing so, drive traffic back into our stores.”
Michelin North America Inc. has acquired Lehigh Technologies Inc., a company that transforms rubber from end-of-life tires and industrial goods into materials for new tires and other products.
Colony Tire Corp. has purchased three tire outlets in the Lynchburg, Va., market. Glenn A. Trent Inc., dba Glenn A. Trent Tire & Wrecker Co., will now do business as Colony Tire. Lynchburg Tire Corp. and its two locations also will merge with Colony Tire.
Icahn Enterprises L.P., the parent company of Icahn Automotive Group LLC, has acquired American Driveline Systems, a franchisor of automotive service shops with about 680 locations in the U.S. and Canada.
Carlisle Companies Inc. plans to purchase Accella Performance Materials for $670 million from private equity firm Arsenal Capital Partners.
Barely three months after selling 27 Tire Centers LLC (TCi) stores to an independent tire dealer in the southeastern United States, Michelin North America Inc. is planning to sell more TCi locations – this time to an Oklahoma-based dealer.
Genuine Parts Co. is acquiring Alliance Automotive Group (AAG), the second largest parts distribution company in Europe, in a $2 billion deal.