1Collision, Many Shops: 1Collision enters Texas, N.Y. markets, opens 9th Minn. shop
Toronto, Ontario — CSN Collision Centres’ partner south of the border, 1Collision, announced its entrance into the Texas and New York markets on Monday, while also closing the deal on the acquisition of their ninth collision facility in the state of Minnesota. This move by 1Collision sees the company taking its first steps into Texas […]
Grande Plans: Big Rig Collision expands business to Calgary, Las Vegas following merger
Grande Prairie, Alberta — A Grande Prairie collision company is making a go of it in the big cities, as Big Rig Collision announced the acquisition of BRC Group in Calgary and BRC Coach and Transit in Las Vegas, Nev. President of Big Rig Collision Kenton Schultz spoke to why he felt now was the […]
In with the Inspectors: Repairify Inc. acquires Texas-based One Guard Inspections
Plano, Texas — Repairify Inc. has announced a partnership with One Guard Inspections, a Texas-based vehicle inspection company. One Guard Inspections was founded by Bryan Bledsoe II in 2012 and has since built what Repairify considers the most advanced and streamlined vehicle inspection process on the market. “One Guard has grown rapidly in the past […]
Tuesday Ticker: October 12, 2021
Toronto, Ontario — This week, Magna may have an opportunity to pick up Qualcomm’s leftovers from the Veoneer acquisition; an Ontario-based battery maker lands a unique deal to break ground in Quebec; while Tesla CEO Elon Musk announces a new home for the EV brand. More opportunities for Magna Magna International may have missed out […]
Two Dates to the Dance: Veoneer takes acquisition deal with Magna despite Qualcomm outbid
Stockholm, Sweden — Veoneer has decided to stick with Magna International’s acquisition bid after being courted with a higher offer from Qualcomm, though Veoneer says it will continue in negotiations with Qualcomm. Last month, Aurora, Ont.-based Magna International put forth a $31.25 per share bid on Veoneer which was outbid by Qualcomm on Monday, who […]
U-POL Position: Axalta closes acquisition of U-POL
Glen Mills, Pennsylvania — Global paint-supplier Axalta announced on Wednesday that it has officially closed on their acquisition of U-POL Holdings Ltd. “The acquisition of U-POL is another step in Axalta’s growth strategy and strengthens our global leadership position in the refinish coatings segment,” said Axalta CEO Robert Bryant. “The addition of U-POL’s team, industry […]
Benz Deluxe: AutoCanada Inc. acquires Autolux MB Collison in Montreal
Edmonton, Alberta — AutoCanada Inc. is breaking in on the Benz market as the dealer group announced the acquisition of Autolux MB Collison in Montreal. Autolux has been in operation for over 30 years and is a certified Mercedes-Benz collision centre. The business operates out of a facility with more than 15 production bays and […]
Welcomes of the Week: CSN Drayton Valley becomes latest Alberta shop to join banner
Toronto, Ontario — As part of the company’s ongoing campaign in Canada’s western half, CSN has announced the addition of CSN Drayton Valley, in central Alberta, to the network. Ken and Megan Willows have been at the helm of CSN Drayton Valley for the past five years and have quickly become fixtures in their community […]
Friends like LG: Magna International and LG launch joint venture, LG Magna e-Powertrain
Aurora, Ontario — LG Electronics and Magna International have joined forces to form LG Magna e-Powertrain, a single company to bridge the technological developments between the two collaborators, according to a press release from Wednesday. The company will be led by 20-year LG veteran and new CEO Cheong Won-suk who, prior to joining LG, worked […]
Closing in on Calgary: Simplicity acquires Calgary Central, North West
Calgary, Alberta — A pair of Alberta collision centres have signed on under the big orange banner as Calgary North West and Calgary Central mark the two latest additions to the Simplicity Car Care network, announced in a press release on July 12. Industry veterans Amrit and Harvey Golhar have tripled down on their partnership […]
