Announced
Completed
Financials
Tags
Acquisition
France
replacement services
vehicle glass repair
Auto Services
Private Equity
Friendly
Cross Border
Minority
Private
Completed
Synopsis
An investment consortium completed the acquisition of a 16.8% stake in Belron, a vehicle glass repair and replacement group, for c.$3.9bn. The consortium includes Hellman & Friedman, BlackRock and GIC. We are very pleased to welcome new, high quality investors at Belron and to continue our strong partnership with the Belron team and the D’Ieteren Group in a business that we believe has tremendous runway for growth and value creation. Importantly, we are excited to deliver a creative solution that has given our investors an array of attractive options," Christian Rochat, CD&R Partner.
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