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In March 2006, AAMCO merged with Cottman Transmission, and American Capital purchased AAMCO and moved the headquarters from Philadelphia to nearby Horsham, Pennsylvania. [ 6 ] Owing in part to the increased reliability of automatic transmissions, and thus the lengthened repair cycle, in the mid-2000s, the company rebranded to AAMCO ...
In April 2004, American Capital invested $46 million in the acquisition of Cottman Transmission and purchased the company for $77.3 million including the investment. In 2006, its parent holding company, American Driveline Systems, Inc. acquired AAMCO Transmissions as part of their portfolio and it was combined with the company. Now It operates ...
AAMCO shop, Ypsilanti, MI AAMCO is an American transmission-repair franchise founded by Robert Morgan [1] and Anthony A. Martino (who used the first letter of each name to form the names AAMCO and later MAACO) in 1957 in Philadelphia, Pennsylvania.
He, along with Robert Morgan, was a co-founder of the AAMCO transmission repair franchise in 1963, the name for which was created as an acronym of his initials. After selling his interest in AAMCO in 1967, he founded the anagrammed acronym MAACO autobody and paint-service franchise in 1972, of which he remained the CEO until his 2008 death.
Ten years before MAACO's founding, Martino had launched AAMCO Transmissions with partner Robert Morgan. He created both names by using the first letters from his name (Anthony A. Martino). In 1967, with close to 500 stores in operation, Martino sold AAMCO to Morgan. In 1972, Martino opened a pilot auto painting center in Wilmington, Delaware.
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Amoco (/ ˈ æ m ə k oʊ / AM-ə-koh) is a brand of fuel stations operating in the United States and owned by British conglomerate BP since 1998. The Amoco Corporation was an American chemical and oil company, founded by Standard Oil Company in 1889 around a refinery in Whiting, Indiana, and was officially the Standard Oil Company of Indiana until 1985.
By this time, Express Oil Change operated 172 company- and franchise-owned locations across 10 states. [6] In 2013, as Express Oil Change had expanded to nearly 200 locations across 13 states, Carousel Capital reacquired the company from Thompson Street. [7] Expresst acquired Birmingham-based Tire Engineers, a company with seven locations. [8]
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