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Mergers & Acquisitions

Spiffy Acquires Mobile Oil Change Provider

On-demand vehicle detailer Get Spiffy has acquired Your Location Lubrication (YLL), which provides mobile oil changes to technicians and fleet managers, the company announced.

FCA Agrees to Merge With PSA Group

Fiat Chrysler Automobiles has agreed to merge with French automaker PSA Group almost five months after spurning a similar merger with Renault, according to media reports.

FCA and PSA in Merger Talks

Fiat Chrysler Automobiles and PSA Group are engaged in intensive discussions that could lead to the announcement of a merger as soon as this week, according to Bloomberg. Executives from both factories confirmed the talks are ongoing.

South Africa FMC Acquired for $222M

South African based fleet management company Eqstra Fleet Management and Logistics was acquired by a services, trading, and distribution company in the region for $222.34 million.