May 2023 - Cary Group

Cary Group, a European leading vehicle glass repair and replacement company, has appointed Patrik Andersson as new Chairman of the Board. As the former CEO and President of Loomis AB, Patrik will be able to draw on his extensive experience from a service-oriented business in a company that has undergone an international expansion to support Cary Group’s continued growth and expansion journey.

“I am delighted to be appointed Chairman of the Board of Cary Group. I hope to contribute through my experience in building leading international businesses as Cary Group continues its successful journey to build a leading and trusted provider of vehicle glass repair and replacement services to Europeans. I have great respect for the company and how it contributes to building a safe and mobile society, today and in the future. The company’s trust in the workshop managers, relentless customer-centric approach, focus on a digital and sustainable offering plays an important role going forward. I look forward to working together with the management team in the next phase of the company”, says Patrik Andersson, Chairman of the Board of Cary Group.

Patrik Andersson was until May 2022 CEO & President of Loomis AB, one of the leaders in the global cash, payment and valuables handling industry, with a turnover of over 25 billion SEK. The company has operations in 23 countries, employs 25 000 employees and is listed on the Stockholm stock exchange. He joined the company as CEO & President in 2016 and has been vital in the internationalization of the company. He has also previously served as CEO of Orkla Foods Sweden and CEO & President of Rieber&Søn, Food Products. He currently serves on the Board of Midsona, Sesol, Ecolean and AAK.

“Patrik is a highly experienced leader with an excellent track record in the business services and consumer industry. He brings a unique set of skills and knowledge that will help Cary Group to scale and grow. The Board is enthusiastic about adding further expertise to build upon Cary Group’s expansion,” says Gustaf Martin-Löf, Chairman of the Board in Cary Group and Partner CVC Capital Partners.

“We are delighted to welcome Patrik as Chairman of the Board to Cary Group. The combination of Patrik and his breadth of experience with Anders Jensen, Cary Group’s CEO, and the rest of the management team will allow Cary Group to set new standards as part of its strategy to be one of the leading European Vehicle Glass Repair and Replacement companies”, commented Joakim Andreasson, Board Member of Cary Group and Managing Director, Nordic Capital Advisors.

Patrik takes up his post as chairman of Cary Group on 29 May. In connection with the change of chairman, Gustaf Martin-Löf has been appointed as a board member.

For further information, please contact:

Helene Gustafsson, Head of Corporate Communication, Cary Group
Tel: +46 70 868 40 50
Email:Helene.gustafsson@carygroup.com

About Cary Group
Cary Group specialises in sustainable solutions for vehicle glass repair and replacement, with a complementary offering in vehicle damage repair. With good accessibility, high-quality products and smart solutions, we help our customers make simplified and sustainable choices. We call it Smarter solutions for sustainable car care. For more information, please visit www.carygroup.com.

Cary Group appoints Patrik Andersson as Chairman of the Board

Cary Group has signed an agreement to acquire the Belgian companies Autoglass Clinic and Touring Glass, both operating in Vehicle Glass Repair and Replacement. The acquisitions, which are part of Cary Group’s European consolidation journey, will create a strong platform in the Belgian market after the two companies have been integrated. The joint company will operate under the brand name Autoglass Clinic.

“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”, says Anders Jensen, CEO Cary Group.

“Autoglass Clinic is very happy to announce that we from now on will be part of Cary Group, and that we are given the opportunity of housing Touring Glass in our company. I believe that Autoglass Clinic and Cary Group share the same DNA. Entrepreneurship, passion for the profession and local presence are crucial to us, as is sustainability. With our strong market position in Belgium, we are hoping to find synergies and ways of cooperation with the other companies in Cary Group that will bolster our business. With Cary Group’s strong focus on digital customer solutions and sustainable focus we are sure that this will benefit both the insurance companies and our end customers”, says Charline Leroi, owner of Autoglass Clinic.

Autoglass Clinic has its head office in Hasselt in central Belgium. The company has always been family owned and has a network of 27 Service Centers, 24 independent automotive glass specialists and three owned workshops with 25 employees. Touring Glass has 8 owned workshops and 33 employees.

The acquisition is expected to be completed during the second quarter of 2023.

For further information, please contact:

Anders Jensen, CEO Cary Group
Tel:+46 10121 96 12

Helene Gustafsson, Head of Corporate Communication, Cary Group
Tel: +46 70 868 40 50
Email: Helene.gustafsson@carygroup.com

Cary Group continues its European consolidation journey with the acquisition of Autoglass Clinic and Touring Glass in Belgium