Boyd Group’s latest expansion involves a US$1.3 billion deal and 258 collision centres across the southeastern United States.
The Winnipeg-based corporation said it will buy Joe Hudson’s Collision Centre, a chain that’s added 123 locations over the past five years alone.
Simultaneously, Boyd Group — which houses brands like Boyd Autobody & Glass — is reporting surging profits. It expects its third-quarter sales to range from US$787 million to US$792 million — approximately five per cent higher than the previous year.
Boyd Group circled the U.S. Southeast as a “key growth region” in its go-to-market strategy, the company’s chief executive said in a news release.