SEMA eNews Vol. 22, No. 7, February 14, 2019

Movers & Shakers: Driven Brands Announces Acquisition of Super-Lube; Matt Hatfield Joins Kooks Headers and Exhaust

By SEMA Editors

Kooks Headers and Exhaust Continues to Add to its Leadership Team

Kooks Headers and Exhaust (KHE) recently announced that Matt Hatfield is the most recent addition to the leadership team. Hatfield brings more than 20 years of C-level experience from the manufacturing industry. Matt will hold the chief operating officer role at KHE and will be tasked with steering the entire organization towards the goals that have been set forth by KHE CEO, George Kook Jr.  

Kevin Floody will continue to oversee the sales operation for the entire Kooks portfolio of brands that include Kooks Headers and Exhaust, Kooks Industries as well as maintaining the international dealer network.

Additionally, Brad Zimmerman will stay focused on providing overall marketing strategies for the Kooks brands as the company will focus its efforts on creating new and innovative content campaigns targeting the current and next generation of automotive enthusiasts.

Driven Brands Announces Acquisition of Super-Lube

Take 5 Oil Change, part of Driven Brands, announced its acquisition of Super-Lube, a chain of quick lube and automotive service centers with 48 total locations in Florida, Wisconsin, Indiana, Illinois and Alabama.

Take 5 Oil Change specializes in fast, friendly and simple drive-thru oil change services. Take 5 Oil Change has achieved significant growth since being acquired by Driven Brands, the nation's leading automotive franchisor, in 2016. Super-Lube is Driven Brands' 25th acquisition and expands Take 5's total footprint to 19 states.

The Super-Lube acquisition expands Take 5 Oil Change's total network to more than 350 U.S. locations. The acquired quick lube centers will be rebranded over time as Take 5 Oil Change. Since affiliates of Roark Capital acquired Driven Brands in 2015, it has executed eight major acquisitions, including Super-Lube, and continues to grow across all verticals, expanding the brands' footprint to more than 2,500 locations in North America.

Meyer Distributing Announces Chattanooga, Tennessee, Location

Meyer Distributing Inc. a leader in automotive specialty products marketing and distribution, announced the addition of a location in Chattanooga, Tennessee. The cross-dock will have a direct, next-day feed from Meyer's Jasper, Indiana, distribution hub which houses one of the largest inventories of automotive accessories and RV parts in the region.

“As truck lanes and routes grow, we are always looking at adding extra capacity to get in front of the growth,” says Jeff Braun, CEO of Meyer. “More lanes and trucks lead to improved delivery times and happier customers.  It sounds simple as a general goal, but that routing and sequencing logic gets complex at scale with every new location.  It’s a great problem to have.”

Have some company news you would like to share? Let us know and the news may appear in an upcoming issue of SEMA eNews. Send your items for consideration to editors@sema.org.

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