Toronto, Ontario – Speedy Corporation has announced the acquisition of Alberta-based Minute Muffler group, a chain of while-you-wait muffler and automotive repair shops. Speedy Corporation, owner and operator of the Speedy Auto Service franchise network, has purchased all 91 Minute Muffler franchises and will operate the company under the new name Minute Corporation.
“The strategic acquisition of the Minute Muffler franchise system by the Speedy Corporation represents a significant step forward for both brands within the Canadian automotive repair landscape,” said Steven Goldman, president of Speedy Corporation. “By creating a combined network of 156 automotive repair shops, both entities will enjoy a strengthened level of buying power and market reach in an industry where size has a dramatic influence on success.”
Speedy currently has a national network of 65 locations Canada-wide. Minute Corporation will be a wholly-owned subsidiary of Speedy Corporation.