Boyd Group has acquired Assured Automotive – Canada’s largest non-franchise collision repair company with 68 locations – for $193.6m. The move further establishes Boyd as a market-leading collision repair provider in North America with 474 locations, over 7,300 employees and over $1.5bn in 2016 pro forma revenue. ‘The acquisition of Assured is a significant strategic [...]

PPG has today decided not to make another bid for AkzoNobel meaning, under Dutch rules, it may not approach the company again for at least another six months. The American company has made three bids for AkzoNobel in recent months, but has been rejected out of hand each time. AkzoNobel said the value of the [...]

The US Federal Trade Commission and the Canadian Competition Bureau have approved Sherwin-Williams acquisition of Valspar. The companies announced the US $11.3bn deal in March of last year, making it the largest acquisition in the 151-year history of Sherwin-Williams. There were concerns that a major producer of paint will disappear into another while the number [...]

Volvo Cars has become the first car maker in the world to export China-made cars to Europe by train via China’s new ‘One Belt, One Road’ trade initiative. The first S90 premium saloons, built at its Daqing plant in China, arrived at a distribution centre in Zeebrugge, Belgium. The cars have been transported to Belgium [...]

The Automotive Testing Expo Europe takes place in Stuttgart next month, when five shows come together in one super show highlighting new development and tech across the sector. It provides a unique opportunity for automotive suppliers, OEMs and engineers from across the industry to get first sight of the innovations driving automotive testing, design and [...]