The new acquisition will take Devon-based Exway’s total number of branches across the South West to eight.
The Car Accident and Repair Centre, which operates from a 7,000 square foot site in Beacon Road, Summercourt, Newquay since 1969, will now be re-branded under the Exway banner.
All 13 current staff will be retained and former owner Colin Hook will remain with the company as manager of the newly-formed Exway Coachworks (Newquay).
Customers at the Newquay centre will now be able to benefit from Exway’s lifetime guarentee for all repairs.
Exway Group’s exisiting sites all have the BSI Kitemark and the Newquay accident repair centre will immediately undergo a programme of development and integration to ensure that Exway’s kitemark-standard operating procedures are implemented at all levels within the centre’s existing repair processes.
Trevor Barefoot, managing director of Exway Group, said: "The acquisition of such a well-established business in Cornwall is part of our plan to develop a network of state-of-the-art accident repair centres right across the South West."
Colin Hook, former owner of The Car Accident & Repair Centre in Newquay, said: “This move will help to safeguard the auto body repair industry in Cornwall. It’s getting harder for smaller bodyshops to keep going, but the investment and support of a fast-growing business like Exway is bound to help the local employment situation.
"It will also enable local motorists to benefit from Exway’s emphasis on quality at all stages of the repair process."