Retail

Carl Icahn Makes an Acquisition in Connecticut

Posted on July 17, 2017

Icahn Automotive Group LLC is making another acquisition move, this time in Connecticut.

The company says it has acquired AutoMaster Service Center in Southington, Conn. The family-run business has been in operation since 1998. The eight-bay shop is located in a Hartford, Conn. suburb, and wil be converted into a Pep Boys Service & Tire Center.

“AutoMaster Service Center has been servicing the Southington community for nearly 20 years and is a key addition for Pep Boys as we increase our service center footprint in New England,” says James Healy, senior vice president of corporate development and strategy for Icahn Automotive Group.

This one-store acquisition comes on the heels of a mega move by Icahn in June when it bought Precision Auto Care Inc., the parent company of Precision Tune Auto Care's more than 250 locations in 26 states. That deal gave Icahn more than 1,000 stores.

For more information about Pep Boys, visit www.pepboys.com.

Related Topics: acquisitions, AutoMaster Service Center, Carl Icahn, Pep Boys

Comments ( 0 )
More Stories
Ateq says it is the first to market coverage for Alligator Sens.it dual-band TPMS sensors.
Product Ateq Adds Alligator Dual-Band Sensor Coverage to Its TPMS Scan Tool

Ateq TPMS Tools LC has added coverage for new Alligator dual-band sensors, which program sensors of both 315 and 433 frequencies, to its TPMS scan tool

The new Proxes Sport has a 25,000-mile tread wear warranty and is backed by the Toyo Tires 500 Mile Trial Offer.
News Toyo Brings New Proxes Sport to the U.S. Market

The new Proxes Sport max performance summer tire from Toyo Tire U.S.A. Corp. is now available in the United States. 

Amsoil's latest cleaning products are designed for automotive and powersports applications.
Product Amsoil Has 3 New Aerosol Cleaning Products

Amsoil Inc. has released three aerosol cleaning products designed for engine surfaces, automotive glass and powersports equipment.

Be the First to Know

Get the latest news and most popular articles from MTD delivered straight to your inbox. Stay on top of the tire industry and don't miss a thing!