Cary Group expands into Poland through acquisition of Szybex
Cary Group, a European market leader in Vehicle Glass Repair and Replacement (VGRR) services, has signed an agreement to acquire 55% of Szybex, one of the leading VGRR specialist in Poland.
Founded in 1992 and headquartered in Częstochowa, Szybex is a family owned VGRR specialist which operates a network of 14 fully owned workshops and a network of 189 external partner workshops across Poland. Szybex has high customer satisfaction, a positive brand reputation for quality service and solid relationships with insurance companies and leasing companies. The company employs just under 80 employees. Poland is one of the fastest growing economies in Europe with a car fleet of 23 million vehicles.
“We are pleased that Szybex has decided to partner up with Cary Group. It is a well-run company with a strong market position and a culture that aligns well with ours. This step provides Cary Group with a strategic entry into the Polish VGRR market, which has significant growth potential", says Anders Jensen, CEO of Cary Group.
“Becoming part of Cary Group gives us new opportunities to develop our business and create additional value for our customers. We look forward to continuing our journey as part of a larger group with shared values and ambitions. Cary Group’s offering within digitization and ambition to become a European leader aligns well with our vision”, says Michal Wilkosz, Managing Director of Szybex.
Szybex will continue to operate under its existing brand and management, ensuring continuity for customers, partners, and employees. Szybex was founded by the Ossoliński and Wilkosz families, both will continue to be operational in the company and through the Board. The acquisition of Szybex was completed on the 1st of December.
For further information, please contact:
Helene Gustafsson, Head of Corporate Communication, Cary Group
Tel: +46 70 868 40 50
Email: Helene.gustafsson@carygroup.com
Joakim Rasiwala, Chief Acquisition & Integration Officer, Cary Group
Tel: +46 702 95 50 22
Email: joakim.rasiwala@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.
About Szybex:
Szybex is a family-owned VGRR specialist, founded in 1992, operating 14 company-owned workshops and a network of 189 external partner workshops in Poland. The company has just under 80 employees.
