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Monday, 11 June 2012 21:06

Gerber Collision & Glass Acquires Repair Centers in Florida & Maryland

The Boyd Group Inc. (the "Boyd Group") announced June 4 the opening of a collision repair center in Orlando, Florida, which commenced operations on May 30, 2012 as well as the acquisition of another new location in Jessup, Maryland on May 25, 2012.

Both repair centers will operate under the Gerber Collision & Glass trade name. This brings the total number of U.S. locations in operation to 141 with two additional locations acquired, soon to be in operation.

The new Orlando repair center, originally acquired on March 22, 2012 and previously known as Leading Edge Collision, is approximately 10,000 square feet in size, with 6,500 square feet of production space.

Florida is a market Gerber first entered in January, and this latest center bolsters the number of locations operating in this market to nine locations. Orlando, the fifth largest city in Florida, is considered an attractive market by the company.

The new Jessup repair center, the eighth in Maryland, was previously known as ACI Auto Collision and is approximately 13,000 square feet in size, of which 11,000 square feet is production space.

The Jessup center will help to bridge the territory between our Laurel and Dundalk repair centers and better serve vehicle owners and insurance partners in this area.

"With the opening of these two repair centers, we continue to strengthen our presence in Florida and Maryland, and execute our growth strategy in North America," said Tim O'Day, President and COO of the Boyd Group's U.S. operations. "In addition to these two new openings, we recently closed our Redmond, Washington location and opened a new Redmond location with expanded repair capacity to enhance our ability to serve customers in this market."

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