Business
AUTOCANADA ACQUIRES MODERN AUTOBODY COLLISION REPAIR SHOP IN EDMONTON
AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a leading multi-location Canadian automobile dealership and collision repair group, today announced the completion of its acquisition of Modern Autobody, a single-location collision and refinish repair facility located in Edmonton, Alberta.
About this update from Autocanada Inc.
[{"type":"image","alt":"AutoCanada Inc. logo (CNW Group/AutoCanada Inc.)","displaySize":"","headline":null,"caption":"AutoCanada Inc. logo (CNW Group/AutoCanada Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":60,"url":"https://media.zenfs.com/en/cnwgroup.com/8b8d6734a2f0f7c14b28b8c5217d255d"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/MC3k3KiBTkreHv.u4NjHcg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTEwNjtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/8b8d6734a2f0f7c14b28b8c5217d255d","width":400,"height":60}},"href":"https://mma.prnewswire.com/media/2865678/AutoCanada_Inc__AUTOCANADA_ACQUIRES_MODERN_AUTOBODY_COLLISION_RE.html","hrefExternal":true,"rel":"nofollow","lazy":false},{"type":"text","content":"EDMONTON, AB, Jan. 20, 2026 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a leading multi-location Canadian automobile dealership and collision repair group, today announced the completion of its acquisition of Modern Autobody, a single-location collision and refinish repair facility located in Edmonton, Alberta.","length":356,"tagName":"p"},{"type":"text","content":"Founded over 50 years ago, Modern Autobody is a trusted Edmonton-based operator with a strong reputation for quality craftsmanship, technical expertise, and customer service. The acquisition expands AutoCanada's collision repair footprint in the Edmonton market and strengthens its luxury certification coverage across the region.","length":334,"tagName":"p"},{"type":"text","content":""Modern Autobody is an excellent strategic fit for AutoCanada," said Sam Cochrane, Interim Chief Executive Officer and Chief Financial Officer of AutoCanada. "The business aligns closely with our focus on premium and luxury certifications, offers attractive operational synergies, and is led by a highly experienced team. We are pleased to welcome Modern Autobody to our platform."","length":401,"tagName":"p"},{"type":"text","content":"Modern Autobody holds an extensive suite of OEM certifications, including Mercedes-Benz, BMW, MINI, Jaguar, Land Rover, Tesla, Porsche, Lexus, Acura, Honda, Bentley, Infiniti, Subaru, and Rivian, enhancing AutoCanada's ability to serve luxury and electric vehicle collision repair customers throughout Edmonton.","length":315,"tagName":"p"},{"type":"text","content":"The fac...