Cross Canada Auto Body Supply has acquired Collision Parts Specialists (CPS), a paint and body supply distributor with bumper recycling facilities.
According to the terms of the agreement, CPS will become one of the distribution arms for Cross Canada.
“As one of our largest customers, CPS captured our attention as it quickly developed into a major national distributor,” said Peter Sepetanc, president of Cross Canada Auto Body Supply, in a statement. “Through aggressive growth it gained significant market share in the distribution channel of automotive aftermarket parts. Our management team agreed this was a prudent move to secure both our competitive advantage and our market share. In addition, the four CPS bumper recycling facilities greatly expand Cross Canada’s product offering.
“The jobber network has, and will always be, the cornerstone of our success,” he continued. “This acquisition will not jeopardize our long-standing jobber relations; it will enhance them, by the addition of the added bumper rebuilding capacity.”
Headquartered in Windsor, Ont., Cross Canada Auto Body Supply has been serving the Canadian collision industry for 48 years. Cross Canada has five distribution warehouses: Windsor, Toronto, Edmonton, Calgary, and Vancouver. Collision Parts Specialists, based in Winnipeg, Man., is a supplier to the collision repair market with locations in Toronto, Mississauga, Winnipeg, Saskatoon, Regina, Calgary, Edmonton, and Kamloops.