iA acquires Canadian companies, WGI and Lubrico.
iA Financial Corporation, the holding company of iA Financial Group, has announced the acquisition of three companies specializing in vehicle warranties in Canada: WGI Service Plan Division and WGI Manufacturing (Vancouver and Scarborough) and Lubrico Warranty (London).
“These acquisitions demonstrate how dynamic and important iA Financial Group is in the vehicle warranties industry. We continue to build on our strong foundation in Canada,” said Sean O’Brien, Senior Vice-President, Dealer Services, at iA Financial Group. “With these acquisitions, iA pursues its growth strategy to become a major force in the Canadian automobile ecosystem by achieving scale and industry leading productivity. These acquisitions offer substantial opportunities in respect of client and dealer experience and will make iA more present in used vehicle dealerships. We are pleased to welcome the highly professional teams of WGI and Lubrico Warranty.”