M&A Deal Summary

Belron Acquires Safelite Group

On March 5, 2007, Belron acquired business services company Safelite Group

Acquisition Highlights
  • This is Belron’s 1st transaction in the Business Services sector.
  • This is Belron’s 1st transaction in the United States.
  • This is Belron’s 1st transaction in Ohio.

M&A Deal Summary
Date 2007-03-05
Target Safelite Group
Sector Business Services
Buyer(s) Belron
Deal Type Add-on Acquisition

Target

Safelite Group

Columbus, Ohio, United States
Safelite Group, Inc., through its subsidiaries, provides auto glass repair and replacement services in the United States.

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Buyer(S) 1

Buyer

Belron

Surrey, United Kingdom
Category Company
Sector Automotive
DESCRIPTION

Belron is a provider of glass repair and replacement, trading under more than 10 major brands including Carglass, Safelite AutoGlass, and Autoglass. In addition, it manages vehicle glass and other insurance claims on behalf of insurance customers. Belron is also expanding its services to focus on solving problems for people who need assistance with repairs to their vehicles and homes. Belron is based in Surrey, United Kingdom.

DEAL STATS #
Overall 1 of 2
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Ohio) 1 of 1
Country (United States) 1 of 2
Year (2007) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-06-30 Diamond Glass

Kingston, Pennsylvania, United States

Diamond Glass Companies was acquired by Belron US, Inc. Previously, the company provided automotive glass replacement and repair services in the United States.

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