Press release archive
Below you will find an archive with our previous publications:
Cary Group has signed an agreement to acquire 100% of Hellestö Karosseri in Stavanger, Norway. The company specializes in damage repair with the largest insurance companies as customers. Hellestö Karosseri is an authorized service and …
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 …
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, …
31 March, 2023
Cary Group publishes Sustainability Report for 2022Cary Group, a leading European vehicle glass repair and replacement service provider, today publishes its Sustainability Report for 2022. Cary Group offers solutions that help sustain the life, value and safety features of vehicles. Caring …
31 January, 2023
Ryds Bilglas buys 180 new electric courtesy carsCary Group’s Swedish operation for repair and replacement of vehicle glass, Ryds Bilglas, has ordered 180 new fossil free Mini Cooper Electric cars to its fleet of courtesy cars. The company has previously been offering …
19 January, 2023
Cary Group continues to expand operations in the Nordic regionCary Group has signed an agreement to acquire 90% of Gotlands Plåt & Billack AB in Visby, Gotland. The company specializes in damage and body repair for several car brands and is an approved supplier …
21 November, 2022
Cary Group acquires Dansk BilglasCary 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. …
3 November, 2022
Cary Group acquires Autoglas LuxemburgCary Group has acquired Autoglas Luxemburg, a vehicle glass repair and replacement company in Luxemburg. “We are happy to announce our acquisition of Autoglas Luxemburg, yet another step in our European consolidation journey. The company …
1 November, 2022
Cary Group appoints Regional Manager for Rest of EuropeCary Group has appointed Peter Watters as Regional Manager for Region Rest of Europe and new member of the Cary Group Executive Management Team, effective November 1, 2022. “Peter Watters is an experienced international leader …
25 October, 2022
CVC Funds and Nordic Capital completes the acquisition of Cary Group to support its accelerated European growth journeyCVC Fund VIII and Nordic Capital have completed the acquisition and delisting from Nasdaq Stockholm of Cary Group, a leading European vehicle glass repair and replacement service provider. Cary Group, formerly Ryds Bilglas, is a …
21 October, 2022
Bulletin from Cary Group Holding AB (publ)’s Extraordinary General Meeting on 21 October 2022Cary Group Holding AB (publ) held an Extraordinary General Meeting today, Friday, 21 October. The Extraordinary General Meeting was conducted by means of only advance voting (so-called postal voting) with the support of temporary legal …
Cary Group Holding AB (publ)’s (“Cary Group” or the “Company”) application for de-listing has now been approved by Nasdaq Stockholm. The last day of trading in Cary Group’s share on Nasdaq Stockholm will be 18 …
27 September, 2022
NOTICE CONVENING THE EXTRAORDINARY GENERAL MEETING OF CARY GROUP HOLDING AB (PUBL)At the request of the shareholder Teniralc BidCo AB, which after completion of the public cash offer to the shareholders of Cary Group Holding AB (publ), reg.no. 559040–9388 (“Cary Group”) controls approximately 98.8 percent of …
26 September, 2022
Cary Group Holding AB (publ) applies for de-listingFollowing that CVC Funds and Nordic Capital, through Teniralc BidCo AB (”Teniralc”), controls more than 90 percent of the shares in Cary Group Holding AB (“Cary Group” or the “Company”) and intends to initiate compulsory …
The independent bid committee of Cary Group Holding AB (publ) (“Cary Group or the “Company”) unanimously recommends that all shareholders accept the increased offer by Teniralc BidCo AB (“Teniralc”). This statement is made by the …
The independent bid committee’s of Cary Group Holding AB (publ) (“Cary Group or the “Company”) recommendation to the shareholders with regards to the Offer (as defined below) is dependent on the time horizon for the …
5 August, 2022
Rapid sales growth on an expanding marketSecond quarter 2022 Net revenue increased by 81% to SEK 1,050 million (575). Organic growth was 5%. Adjusted EBITA increased to SEK 168 million (103), corresponding to a margin of 16.1% (18.0). Profit for the period totalled …
Cary Group will publish its second quarter results on Friday, August 5, 2022 at approximately 08:00 AM CEST. A conference call for investors, analysts and financial media will be held at 10:00 AM CEST. The …
Following the public cash offer to the shareholders of Cary Group Holding AB (publ) (“Cary Group”), submitted by CVC Funds and Nordic Capital through Teniralc BidCo AB (the “Offer”) yesterday, 29 June 2022, the independent …
CVC Funds and Nordic Capital, through Teniralc BidCo AB (“Teniralc”), earlier today announced a public cash offer to the shareholders of Cary Group Holding AB (publ) (the “Company” or “Cary Group”) to tender any and …
17 May, 2022
Cary Group’s 2022 Annual General MeetingCary Group Holding AB (publ) held its Annual General Meeting today, Tuesday, 17 May. The Annual General Meeting was conducted by means of only advance voting (so-called postal voting) with the support of temporary legal …
Cary Group aims to be an industry leader when it comes to climate action. The company has, as a part of its strategy, set a high and clear objective on how to reduce its climate …
First quarter 2022 Net revenue increased by 65% to SEK 756 million (457). Organic growth was 7%. Adjusted EBITA increased to SEK 88 million (73), corresponding to a margin of 11.6% (15.9). Profit for the period totalled …
Cary Group will publish its first quarter results on Tuesday, May 10, 2022 at approximately 08:00 AM CET. A conference call for investors, analysts and financial media will be held at 10:00 AM CET. The …
22 April, 2022
Changes to the Nomination Committee’s proposal to Cary Group’s Annual General Meeting 2022The invitation to Cary Group’s Annual General Meeting on May 17, 2022 was published in a press release on April 13, 2022. The Nomination Committee has proposed re-election of Magnus Lindquist to the Board of …
The shareholders of Cary Group Holding AB, reg.no. 559040–9388 (“Cary Group”) are hereby given notice of the Annual General Meeting to be held on Tuesday, May 17, 2022. The Board of Directors has decided that …
Cary Group Holding AB (publ) today announces that the company’s 2021 Annual and Sustainability Report in Swedish is now published and available at www.carygroup.com. The 2021 Remuneration report is published and available at the www.carygroup.com …
31 March, 2022
Cary Group strengthens its market position in the United Kingdom with the acquisition of Charles Pugh HoldingsCary Group has signed an agreement to acquire 100% of UK company Charles Pugh Holdings Ltd (“Charles Pugh Holding”). The company is one of the UK’s market leaders in vehicle glass repair and replacement, along …
11 February, 2022
Strong organic growth and continued European expansionFourth quarter 2021 Net revenue increased by 53% to SEK 532 million (349). Adjusted EBITA increased to SEK 36 million (20), corresponding to an adjusted EBITA margin of 6.7% (5.9). Operating profit (EBIT) amounted to …
4 February, 2022
Cary Group becomes climate-neutralCary Group provides vehicle glass- and vehicle damage services that sustain the life, value and safety features of motorised vehicles. Repairing instead of replacing with new material, with social responsibility and minimal climate impact, is …
Cary Group will publish its fourth quarter results on Friday, February 11, 2022 at approximately 08:00 AM CET. A conference call for investors, analysts and financial media will be held at 10:00 AM CET. The …
Fremtind, Norway’s third-largest insurance company, has selected Cary Group’s Norwegian vehicle glass business, Cary Bilglass, as one of its strategic partners for vehicle glass repair. Fremtind operates on the Norwegian consumer market through its two …
29 December, 2021
Cary Group continues its European expansion through the acquisition of ExpressGlass in PortugalCary Group has signed an agreement to acquire 100% of the Portuguese company GlassCo, S.A., the owner of “ExpressGlass”, which operates a vehicle glass repair and replacement business in Portugal. The acquisition is a further …
23 December, 2021
Cary Group strengthens its position in Norway and continues to expand its operationsCary Group has signed an agreement to acquire 100% of Norwegian company MPS Bilskade AS, “MPS Bilskade”, which operates within both minor and major vehicle damage repair. The acquisition represents an expansion on the Norwegian …
22 December, 2021
Cary Group continues its European expansion through the acquisition of Zentrale Autoglas in GermanyCary Group has signed an agreement to acquire 75% of Zentrale Autoglas GmbH, “Zentrale Autoglas”, one of Germany’s leading providers of vehicle glass repair and replacement, primarily for buses and campervans. The acquisition represents an …
The extraordinary general meeting was conducted without the physical presence of shareholders, representatives or third parties and the shareholder was before the meeting able to exercise their voting rights only by post in accordance with …
22 November, 2021
Cary Group acquires AB Vetlanda GlasCary Group has signed an agreement to acquire 80% of AB Vetlanda Glas, a glass workshop in Vetlanda, Sweden, which is primarily active in car glass. The company was founded in 1960 by Kenneth Gustavsson, …
As per the demand of the principal owner Cidron Legion S.à r.l (the “Principal Owner”), who as of the date of this notice holds 30.0 % of the shares and votes of the company, and …
12 November, 2021
High acquisition pace brought strong growthThird quarter 2021 Net revenue increased by 28% to SEK 577 million (450). Adjusted EBITA increased to SEK 82 million (76), corresponding to an adjusted EBITA margin of 14.2% (16.8). EBIT amounted to SEK 11 million (73). …
Cary Group will publish its third quarter results on Friday, November 12, 2021 at approximately 08:15 AM CEST. A combined webcast and conference call for investors, analysts and financial media will be held at 11:00 …
19 October, 2021
Nomination Committee of Cary Group Holding AB (publ)The Nomination Committee of Cary Group Holding AB (publ) (“Cary Group”) has now been appointed. At an Extraordinary General Meeting of Cary Group held on 13 August 2021, an instruction for the appointment of the …
30 September, 2021
Exercise of the over-allotment option in the IPO of Cary Group HoldingCarnegie, Danske Bank and Jefferies (the "Joint Global Coordinators") have today notified Cary Group Holding AB (publ) ("Cary Group” or the "Company") and Cidron Legion S.à r.l. (the “Principal Owner”) that the over-allotment option has been exercised in full and that the stabilisation period has ended.
30 September, 2021
Increased number of shares and votes in Cary Group Holding ABAs of today 30 September 2021, the total number of shares and votes in Cary Group Holding AB is 131,848,996.
23 September, 2021
First day of trading in Cary Group Holding’s shares on Nasdaq StockholmCary Group Holding AB (publ) (“Cary Group” or the “Company”), a leading1 vehicle glass repair and replacement provider that prolongs the life cycle of vehicles and maintains the safety features, today announces the outcome of the Initial Public Offering of Cary Group’s shares (the “Offering”) and the listing of the shares on Nasdaq Stockholm. The Offering attracted very strong interest from large Swedish and international institutional investors as well as the general public in Sweden. The Offering was multiple times oversubscribed. Trading on Nasdaq Stockholm commences today, September 23, 2021.
Cary Group has today published a prospectus in connection with the offering of shares and the contemplated listing on Nasdaq Stockholm. The prospectus states that the current chairman of the board, Magnus Lindquist, has informed …
14 September, 2021
Cary Group Holding AB publishes prospectus and announces price for its initial public offering on Nasdaq StockholmFollowing the announcement of its intention to float on 10 September 2021, Cary Group Holding AB (publ) (“Cary Group” or the “Company”), a leading1 vehicle glass repair and replacement provider that prolongs the life cycle of vehicles and maintains the safety features, today publishes its prospectus and announces the price for the offering (the “Offering”) and listing of its shares on Nasdaq Stockholm. The first day of trading is expected to be 23 September 2021. AMF, Funds managed and advised by Capital World Investors, Funds managed by Öhman Fonder, ODIN Fund Management, SEB Investment Management and Swedbank Robur Fonder have, subject to certain customary conditions, committed to acquire shares in the Offering corresponding to an aggregate value of SEK 3,150 million.
10 September, 2021
Cary Group Holding AB intends to list its shares on Nasdaq StockholmNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO, THE UNITED STATES OF AMERICA, AUSTRALIA, HONG KONG, CANADA, NEW ZEALAND, JAPAN, SWITZERLAND OR SOUTH AFRICA OR ANY …
3 September, 2021
Cary Group continues to implement actions to reduce carbon emissionsCary Group provides car care services that sustain the life, value and safety features of vehicles. Caring and repairing, instead of replacing, with social responsibility and minimal environmental impact, is the foundation of sustainable car …
Cary Group, a leading European vehicle glass repair and replacement service provider, today presents selected information on the company’s financial and operational development for the second quarter of 2021. Anders Jensen, CEO of Cary Group, …
Cary Group, a leading European vehicle glass repair and replacement service provider, today announces the acquisition of Auto Cristal Ralarsa (“Ralarsa”), the second largest vehicle glass repair and replacement company in Spain. In 2020, Ralarsa …
Cary Group has acquired 90 percent of Autoklinik i Malmö AB, “Autoklinik”, an auto service and body repair workshop in Malmö. Autoklinik was founded in 1983 by the Radomski family and has been in the …
21 June, 2021
Cary Group publishes Sustainability Report 2020Cary Group, a leading European vehicle glass repair and replacement service provider, today publishes its Sustainability Report for 2020. Cary Group offers solutions that help sustain the life, value and safety features of vehicles. Caring …
11 June, 2021
Cary Group strengthens the Board of Directors with three new members to accelerate pan-European expansionCary Group, market leader in sustainable car care solutions, is proud to announce the appointment of Juan Vargues, Magdalena Persson and Ragnhild Wiborg as new members to its Board of Directors. This will bring in …
Cary Group becomes If Insurance’s first supplier of car glass repair and replacement in Sweden and Norway, as a result of an extended partnership agreement. “We couldn’t be happier about this partnership and are looking …
3 April, 2021
Cary Group acquires Quick Car Fix in NorwayCary Norway, part of Cary Group with operations in the Nordics and Great Britain, is adding the SMART repair chain Quick Car Fix to its expanding business, with an 80% acquisition. “We are happy to …
Ryds Bilglas Denmark AS, part of Cary Group acquires Crashpoint. Now more workshops are to be accessed in the Nordic region. Ryds Bilglas Denmark AS, part of Cary Group, has bought 80 percent of the …
2 March, 2021
Ryds Bilglass Norway becomes CaryRyds Bilglass with 48 workshops around Norway is changing its name to Cary. The specialisation in repairing and changing car glass will continue to be a vital part of operations, but the aim is to …
3 February, 2021
Safer roads with new AI from Cary GroupCary Group launches a revolutionary AI service that shows whether a damaged windscreen can be repaired or will need to be replaced entirely – simply by uploading a photo of the damage to our companies’ …
3 December, 2020
Good bye Ryds Bilglas Group, welcome Cary Group!Ryds Bilglas Group with operations in Sweden, Denmark, Norway and the UK changes its name to Cary Group. A new group name and a new brand that represent the group’s existing international operations and support …
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