AOCIF - AutoCanada acquires Burwell Auto Body

• AutoCanada ( OTC:AOCIF ) has acquired Burwell Auto Body, a luxury-brand focused collision centre located in London, Ontario.
• Burwell Auto Body is a certified BMW, Audi, Tesla, Volvo, Porsche and Subaru collision centre.
• The addition represents a continuation of the company's goal to further expand and develop its national collision centre network.
• The acquired collision centre generates in excess of $5.5 million in annual revenue.
• The deal which includes the acquisition of the related real estate, will be funded from a drawdown of the company's credit facility and is expected to be accretive to 2022 earnings.

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