Announced
Synopsis
Cary Group, a company that specialising in vehicle glass repair and replacement, agreed to acquire Autoglass Clinic, an auto services company, and Touring Glass, an automotive glazing specialist. Financial terms were not disclosed. "We are very happy to welcome Autoglass Clinic and Touring Glass to the Cary Group family. Belgium is an attractive market with high vehicle glass repair and replacement insurance penetration. Autoglass Clinic has a strong number two position in the Belgian market and together with Touring Glass, number three in the market, we create an even stronger and larger platform. The expansion into Belgium is part of Cary Group’s European consolidation journey and growth agenda and the acquisitions create additional regional and national coverage for our insurance companies," Anders Jensen, Cary Group CEO.
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