Belron buys Canadian auto-glass replacement business of rival Autostock

The owner of Standard AutoGlass and other vehicle glass repair companies has agreed to buy the Canadian glass operations of Autostock International, which operates Speedy Glass and Apple Auto Glass.

The proposed deal, announced Thursday by Belron Canada Inc., will combine two national players in the auto glass sector.

Belron, a subsidiary of Belron SA, has 230 service centres and 32 distribution facilities across all 10 provinces. In addition to Standard AutoGlass, it operates under the names Lebeau Vitres d'autos and DURO vitres d'autos.

Autostock International has 260 service centres and 33 distribution facilities in Canada, with 1,100 employees operating in all provinces except Prince Edward Island.

In addition to Apple and Speedy, Autostock operates as Novus Repair and Replacement.

Terms were not disclosed by the privately held companies.

600450 Belron buys Canadian auto-glass replacement business of rival Autostock glassonweb.com

See more news about:

Others also read

Corning to Invest in Manufacturing Facility for Automotive Glass Solutions
Retrofitted facility will be third Corning manufacturing site in Hefei, China.
SEKISUI S-Lec B.V. at Glasstec 2018
From 23rd until 26th October 2018 SEKISUI S-Lec B.V. will be present at the 25th edition of Glasstec, the international Trade Fair for glazing held at Messe Düsseldorf in Germany.
Safelite Group Acquires Richardson Auto Glass
Safelite® Group, the nation’s leading vehicle glass services company and owner of Safelite® Solutions, has reached an agreement to acquire the assets of Richardson Auto Glass. The transaction was completed on June 4.
Come and discover flat glass – Glass for Europe
Advanced flat glass technologies provide safety, comfort, wellbeing and enable countless innovations to improve our daily lives.
Airborne Mini on Glassline’s Impressive Glass Canopy
Undoubtedly one of the most impressive exhibits at this year’s “Fensterbau/Frontale 2018” in Nuremberg – the flagship show for windows and doors – was the airborne Mini exhibited by Glassline, from Adelsheim in southern Germany.
AGP Group announces minority investment from Goldman Sachs
AGP Group raises growth capital to further its global expansion plan and strengthen its technology leadership in high-tech glazing solutions for the future of mobility.

From industry

Portuetxe bidea 18
20018 San Sebastián (Gipuzkoa) Guipúzcoa
Spain

Is Kuleleri, Kule: 2, Kat: 22, 4. Levent
34330 Levent-Istanbul/İstanbul
Turkey

Add new comment