Gerber Collision acquires two repair centers in Georgia

TORONTO, Sept. 23 /CNW/ - The Boyd Group Inc. (the "Boyd Group") today announced the opening of two new repair centers in Georgia. The repair centers, previously known as CollisionWorks, were recently acquired by the Boyd Group and now operate under the Gerber Collision & Glass trade name. With these additions, the Boyd Group now owns and operates 10 repair centers in Georgia and a total of 95 in the U.S., including 37 repair centers that operate under the True2Form trade name.

The first center, in Atlanta (Buckhead), is approximately 31,000 square feet in size, with nearly 26,000 square feet of production space. It is well situated to help serve consumers and insurance clients in the densely populated north Atlanta area. The second center, which will be the second location in Roswell, is approximately 11,250 square feet with 10,000 square feet of production space. Adding a second Roswell location strengthens our competitive position in the area.

"The acquisition of CollisionWorks is in line with our strategy of expanding into select markets and growing our network of repair centers across North America," said Tim O'Day, President and COO of the Boyd Group's U.S. Operations. "We are very pleased to be able to serve more customers in Atlanta and Roswell with the two additional repair centers."

The Boyd Group is continuously looking to add new collision repair locations to its existing network in Canada and the U.S. Interested collision repair center owners are asked to contact Kim Allen, Business Development Manager for Gerber Collision & Glass, for more information.

About The Boyd Group Inc.

The Boyd Group Inc. is the largest operator of collision repair centers in North America. The company operates locations in the four Western Canadian provinces under the trade name Boyd Autobody & Glass, as well as in 11 U.S. states under the trade names Gerber Collision & Glass and True2Form Collision Repair Centers. The company also operates Gerber National Glass Services, an auto glass repair and replacement referral business with 3,000 affiliated service providers throughout the United States. For more information on The Boyd Group Inc. or Boyd Group Income Fund, please visit our Web site at www.boydgroup.com.

For further information: Brock Bulbuck, President & CEO, Tel: [phone], [email protected]; Kim Allen, Business Development Manager, Tel: [phone], [email protected]