Boyd Group sales jump in first quarter of 2016
Winnipeg, Manitoba — May 15, 2016 — Boyd Group Income Fund has reported its financial results for the three-month period ended March 31, 2016. The Fund’s first quarter 2016 financial statements and MD&A have been filed on SEDAR at sedar.com. Sales increased by 24.3 percent to $350.4 million from $281.8 million in 2015, including same-store […]
Consolidation still hot in first quarter of 2016
By Jeff Sanford Toronto, Ontario — April 17, 2016 — The pace of consolidation in the North American collision repair space moved ahead at a rapid pace in the first quarter of 2016, with Winnipeg outfit Boyd Group adding as many companies to its chain in Q1 as it added all of last year. […]
Boyd Group expands in Indiana
Winnipeg, Manitoba — April 3, 2016 — The Boyd Group has acquired a multi-store operation (MSO) in Indiana consisting of six collision repair centres located in the Indianapolis region. The body shops previously operated as Collision Cure Body Werks, with the first location established in 2003 in Anderson, Indiana. “Over the past few years we […]
Boyd Group acquires five locations in Oregon
Winnipeg, Manitoba — March 27, 2016 — The Boyd Group has added five collision repair centres in the Oregon region through the acquisition of a multi-store operation (MSO) in the Portland area. The MSO was acquired on March 21, 2016 and opened as Gerber Collision & Glass on March 22, 2016. It previously operated as […]
Boyd Group cracks $1 billion in revenue
By Jeff Sanford Winnipeg, Manitoba — March 23, 2016 — Winnipeg-based collision repair chain Boyd Group announced a remarkable 39 percent jump in revenue as the rapidly expanding company registered more than $1 billion in annual sales for the first time. The good financial news suggests the company’s consolidation plans are paying off and large […]
Sherwin-Williams to acquire Valspar in $11.3 billion deal
By Jeff Sanford Cleveland, Ohio — March 21, 2016 — Consolidation in the finishing business took a big step forward as news broke that Sherwin-Williams will acquire Valspar Corporation for $113 per share or about $11.3 billion cash. The deal has been unanimously approved by the boards of directors at both companies. Both Sherwin-Williams and […]
CSN Collision Centres expands with CSN-Progressive Collision
Mississauga, Ontario — March 11, 2016 — CSN Collision Centres has expanded its network in Mississauga, Ontario with the addition of CSN-Progressive Collision. Richard Mounsey got into the collision repair business and started CSN–Progressive Collision around 35 years ago. The shop has been at its current location in Mississauga since 1993. Mounsey says he started […]
CSN Collision Centres expands with CSN-County Collision
Mahone Bay, Nova Scotia — March 8, 2016 — CSN Collision Centres has announced its newest location, CSN–County Collision in Mahone Bay, Nova Scotia. The facility is owned and operated by Michelle Nickerson. Nickerson spent 27 years working in the newspaper industry before taking a leap a faith and switching her focus to collision repair. […]
CARSTAR expands in British Columbia
Hamilton, Ontario — March 7, 2016 — CARSTAR Canada has announced an expansion of its network in British Columbia. Three new collision repair facilities have recently joined the roster: CARSTAR North Burnaby, CARSTAR Quality Assured Trojan and CARSTAR Richmond (New Profession). CARSTAR North Burnaby is located at 1250 Boundary Road in Vancouver, BC. The facility […]
IBIS Preview: Bradley Mewes on widespread automotive consolidation
By Jeff Sanford Toronto, Ontario — February 16, 2016 — Collision repair experts from around the globe are set to descend on Barcelona, Spain this spring for IBIS 2016. Collision Repair magazine is the exclusive Canadian Media Partner for the annual symposium that gathers together the key influencers and thought leaders in collision repair. Brad […]
