Generational Equity Advises Troy LLC in Sale to Fiberworx
DALLAS–(BUSINESS WIRE)–Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client Troy, LLC to PET Fiber, LLC (dba Fiberworx). The acquisition closed August 4, 2020 and details were not disclosed. Troy, LLC, located in Harrisville, West Virginia, is a manufacturer of non-woven fabrics, primarily […]
Insight for Insurers: Reuters hosting webinar on shaping claims in the new normal
Toronto, Ontario — Reuters will be hosting a free webinar for insurance carries this week, entitled ‘Shaping Claims Experience in The Next Normal: Find Your Competitive Edge’. The webinar will take place on September 9 at 11 am ET and will feature insights from Ian Thompson (Global Chief Claims Officer, Zurich), Jeff Brown (President, VPay ) and Shannon Harjer (Vice President Claims, Founders […]
Fix Family: Fix Auto welcomes Lakeland St. Paul location
Calgary, Alberta – Christopher Peterson, Regional Vice President for Fix Network Western Canada, is pleased to welcome Fix Auto Lakeland St. Paul to the network. Owner and General Manager Allen Preston started his career in the automotive industry in 1983, becoming a journeyman auto body mechanic in 1987. He decided to change careers in 2000 […]
Wings and Wheels: B.C. drive-thru car show raises $60,000 for breast cancer
Victoria, British Columbia — Abbotsford’s Wings and Wheels event, which occurred from Aug. 14 to Aug. 16, has been deemed a massive success by organizers after the drive-thru car show raised $57,128 for the Crystal Gala Foundation. That money will now be used to purchase equipment to support in the fight against breast cancer. The […]
Move in Moose Jaw: CARSTAR welcomes new facility in Moose Jaw, Saskatchewan
Moose Jaw, Saskatchewan — CARSTAR is proud to announce the opening of CARSTAR Moose Jaw located at 8 McKenzie Lane, Moose Jaw, Saskatchewan, S6J 1M6. Owner of CARSTAR Moose Jaw, Jarred Henrikson, entered the collision repair industry in 1995. After only 10 years Henrikson and his brother purchased their own facility and then five years […]
Book Your Spot: Manifacturer applications for SEMA360 now open
Las Vegas, Nevada — Manufacturers of automotive specialty equipment may now submit applications to participate in SEM360, the virtual trade-only marketplace taking place from Nov. 2 to Nov. 6, 2020. Through the SEMA360 platforms, manufacturers will be able to easily create custom showcases to promote their company and current product innovations to help meet specific […]
Automaker Alliance: GM and Honda band together for North American collaboration
Toronto, Ontario — General Motors and Honda have agreed to a non-binding memorandum that will allow the two companies to share technology and vehicle innovation in North America starting next year. This proposed agreement will see the two companies come together in research and development intended to leverage the benefits and best of both brands. […]
Tuesday Ticker: September 8, 2020
Toronto, Ontario — In this week’s Tuesday Ticker, Magna signs an agreement to acquire the majority of a Chinese seat supplier, AkzoNobel adds a coatings company to its roster and a Canadian insurer sweeps up four acquisitions across three provinces. Seat supplier signed Magna has signed an agreement to acquire majority ownership of Honglizhixin (HLZX), […]
Paladino as Pres: New president for Audi Canada
Toronto, Ontario — Vito Paladino became Audi Canada’s new president on September 1, 2020 succeeding Giorgio Delucchi, who has been promoted to head of sales for the region of China and Hong Kong. Paladino is presently the Senior Director of Sales and Aftersales for Audi Canada and is a Canadian national and graduate of York […]
