AutoCanada Acquires Two Collision Repair Facilities in Metro Vancouver
AutoCanada (ACQ:CA) announced the acquisition of two Colorworks Autobody facilities located in Coquitlam and Port Coquitlam, British Columbia. This move expands AutoCanada's presence in the Metro Vancouver area and adds approximately 12,100 square feet to its collision repair capacity. The acquisitions are part of AutoCanada’s strategy to grow its after-sales services segment by enhancing its network of collision centers across Canada. The addition of these facilities is expected to strengthen customer retention through improved service offerings in the region.
