Boyd Group Makes News Again with Acquisition of Queensway Auto Body
June 7, 2013

The Boyd Group recently announced its acquisition of Kitchener, Ontario-based Queensway Auto Body Ltd. (Queensway), a single-location collision repair shop.

Queensway is one of the Kitchener/Waterloo market and has been in business since the late 1950s. It will continue to operate under its current name for a period of time.

This is Boyd's first acquisition in the Ontario market.

"We have been looking to expand into the Ontario market for some time now and we believe this is the right opportunity," says Eric Danberg, president, Canadian Operations for the Boyd Group. "Not only is this a financially accretive acquisition, but it is also very strategic with a well-established brand, convenient and accessible location and strong reputation. It is important to us that we enter a new market like Ontario by establishing a solid foothold for further expansion and Queensway accomplishes that objective."

Boyd has made several other acquisitions recently, most notably the purchase of 61 Glass America shops announced late last week.

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