Boyd Group Completes Acquisition of Cars Collision
July 6, 2011
Boyd Group Income Fund has completed its acquisition of Cars Collision
Center of Colorado LLC and Cars Collision Center LLC. The company
had announced the pending
acquisition in late June and the cost of the purchase approximately
"We are very pleased to have completed the acquisition of
Cars," says Brock Bulbuck, president and chief executive officer
of the Boyd Group. "The acquisition is another major strategic
move for us in expanding our footprint and executing our growth
plan. We believe that Cars will be an excellent strategic fit with
Boyd Group's existing organization and will further enhance Boyd's
competitive position in the United States."
The Cars acquisition adds 14 new locations in Illinois, eight in
northern Indiana, and six in Colorado. It also expands the Boyd
Group's presence in the Chicago market to a total of 45 locations,
an increase from 23 previously.
Need more info and analysis about the issues?
Subscribe to AGRR Magazine.