Cottman and Aamco to Merge
March 9th, 2006 by admin
Cottman, Aamco to merge chains
Aamco and Cottman are set to merge their respective chains to form one of the largest automotive repair chains in
The combined company, to operate under the Aamco name, will be 83 percent owned by American Capital Strategies Ltd. of Bethesda , Md. , a publicly traded investment company. American Capital acquired Cottman for $46 million in 2004.
At one time, Cottman and Aamco were one entity but it the 1950s they split. Hopefully, it’ll be a good reunion.
The new Aamco will continue to provide transmission repair and expanded automotive services. Cottman centers will switch to the Aamco name.The combined company, to be based in
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Posted on Thursday, March 9th, 2006 at 6:03 am
In Auto Warranty