ABRA Acquires 23-Location Kadel’s Auto Body
June 29, 2015—ABRA Auto Body & Glass announced a definitive agreement on Friday to acquire 23 Kadel’s Auto Body locations in Idaho, Oregon and Washington.
Details of the agreement were not disclosed.
In a statement, ABRA said the announcement is a strategic move underscoring the company’s outgoing and aggressive growth plan across the nation.
In early May, ABRA acquired 12-shop Keenan’s Auto Body & Glass in the Philadelphia market.
The latest acquisition will significantly expand ABRA’s footprint in the region.
“Kadel’s Auto Body has been servicing insurance partners and community members for over 60 years. Their commitment to superior customer service and a quality repair echoes ABRA’s way of doing business,” said Duane Rouse, ABRA’s president and chief executive officer. “As we enter these new markets we look forward to continuing Kadel’s legacy within the community while introducing ABRA’s innovative service model.”
“This is a great cultural fit and a tremendous opportunity for our employees,” said Don Braden, president and CEO of Kadel’s Auto Body. “We’re pleased to align ourselves with such an established, well-respected national collision repair company like ABRA that shares the same culture of ethics, integrity, and teamwork.”
The transaction is expected to close within the coming weeks.