AutoCanada acquires Stratford collision business, expanding network in Onataro
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AutoCanada has expanded its Ontario collision repair business through an acquisition of a Stratford business formerly operating as Fix Auto Stratford.
ACX Stratford, as the facility is now known, is roughly 20,000 square feet and maintains direct repair program relationships with leading insurers like Definity and DGIG.
It does not currently have OEM certifications, but AutoCanada noted that ACX Stratford is “equipped to qualify for multiple non-luxury certifications, with additional luxury and electric vehicle certifications expected to provide further growth opportunities over time.”
The repair facility is located within an hour of 10 AutoCanada dealerships and will be a “key spoke” in the retailer’s Southwestern Ontario collision repair network.
ACX Stratford “supports the company’s strategy of building regional density to leverage its operating scale, insurer relationships, dealership referral network and OEM partnerships,” AutoCanada said.
The local management team will continue to run the facility.
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“ACX Stratford is an excellent addition to our growing collision platform,” said AutoCanada CEO and interim chief financial officer Samuel Cochrane said in a news release.
“The business expands our presence in Southwestern Ontario, adds an experienced team, and creates meaningful opportunities to grow through operational improvements, additional OEM certifications and stronger integration with our dealership network.”