Cary Group acquires Dansk Bilglas

Cary Group has acquired Dansk Bilglas, a leading company in the repair and replacement of vehicle glass in Denmark. The acquisition means that Cary Group further strengthens its presence in its home region, the Nordics.

"We are pleased to be able to announce our acquisition of Dansk Bilglas. The acquisition means that we strengthen our market position in Denmark but above all our entire Nordic home region. We are the market leader in Sweden and now occupy a position as one of the leading players in Denmark. Dansk Bilglas, under the leadership of CEO Peter Stig Christensen, has recently achieved a strong market position with good profitability and customer relations",says Anders Jensen, CEO of Cary Group.

"My colleagues and I are happy to continue our growth journey together with the team that Ryds Bilglas has in Denmark. With an ambitious owner like Cary Group, it opens up new opportunities that our customers will see through, among other things, a strengthened network of workshops, increased digitization and a focus on sustainability", saysPeter Stig Christensen, CEO of Dansk Bilglas.

Cary Group acquires 100% of Dansk Bilglas from the current owners, the French company Saint Gobain and the Mølbjerg family. Dansk Bilglas has 23 workshops and 25 mobile units. Cary Group already owns Ryds Bilglas in Denmark, active in the repair and replacement of car glass, and Crashpoint, active in damage repair. Ryds Bilglas will be integrated into Dansk Bilglas and the joint operation will operate under the Dansk Bilglas brand.

For more information, please contact:

Anders Jensen, VD, Cary Group
Tel:+46 10 121 96 12

Helene Gustafsson, Head of IR & Corporate Communication
Tel: +46 708 684 050
E-mail: 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.