Genstar-backed BBB Industries completed the acquisition of M&R Precision Parts from Abac Solutions.

Genstar-backed BBB Industries, an automotive aftermarket company, completed the acquisition of M&R Precision Parts, a Spain-based automotive parts company, from Abac Solutions, an investment fund. Financial terms were not disclosed. "Metalcaucho’s expertise and market understanding across Europe, North Africa and more recently Latin America, along with its proven ability to provide high-quality products complementary to our own is a natural fit across continents. I am excited about the opportunity to bring added value to each of our existing and new customer relationships around the world," Duncan Gillis, BBB CEO.