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Cary Group strengthens the management team

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Cary Group, a European market leader in vehicle glass repair and replacement, has appointed Lars Egelstig as new CFO. At the same time, Joakim Rasiwala, the company’s current CFO, will transfer to the role as Head of M&A and Integration.

Lars Egelstig, who takes up his role as CFO of Cary Group today, November 11th, comes most recently from the role of CFO at Nordomatic. Joakim Rasiwala, current CFO at Cary Group, will gradually transition to the new role of Head of M&A and Integration during the remainder of 2024. The role means that Joakim will be responsible for Cary Group's Mergers & Acquisitions function and the integration of new countries into Cary Group.

 

"We are very pleased to welcome Lars to our team and we look forward to benefiting from his extensive experience in finance, leadership and working in high growth companies. At the same time, we are very grateful for Joakim's continued involvement within Cary Group, in a role that is of strategic importance for us to be able to reach our growth targets and accelerate our M&A ambitions," says Anders Jensen, CEO of Cary Group.

 

These changes are part of Cary Group's strategy to strengthen the organization with the right competence to enable the goal of becoming one of Europe's leading players in the repair, replacement and calibration of vehicle glass.

 

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.

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Cary Group is streamlining its operations in Norway

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Cary Group, a European market leader in vehicle glass repair and replacement, has made the strategic decision to streamline its operations in Norway. This means that the business will consist solely of MPS Bilskade and Quick Car Fix, active in large and smaller collision damage repair. The decision means that Cary Group has chosen to sell parts of the existing car glass workshops to Norwegian Riis Montasje AS.

Cary Group's strategic review of its Norwegian operations means that the company continues to invest in businesses in which the company is the market leader, a strategy that Cary Group has for all its respective markets. This means that Cary Group is leaving its car glass operations in Norway and has come to an agreement with Norwegian Riis Montasje AS of a divestment of 12 workshops within Cary Bilglass. The other workshops, active in replacement and repair of car glass, will be closed.

 

Cary Group established itself on the Norwegian market in 2014 and has become one of the three largest players in car glass in Norway. Over the years, Cary Group's Norwegian operations have expanded and today, apart from being active in car glass repair, also consist of operations in large and smaller collision damage repair, through the acquisition of MPS Bilskade in 2022 and Quick Car Fix in 2021. Growing within this vertical is a Nordic strategy for Cary Group. These operations in Norway are very strong and through MPS Bilskade they are the market leader.

 

"Cary Group's strategy is to operate as number 1 or 2 in its respective markets. Through its successful presence in collision damage repair in Norway, it is natural that we put all our energy into focusing on this business. Besides this, we have not successfully established the same solid cooperation with the insurance companies in Norway as we have done in other countries. With that in mind, we see it as a natural decision to sell some of the car glass workshops to Riis Montasje AS, since these workshops will gain more from being part of a player with a larger presence on the Norwegian market. In addition, Riis operate a high-quality auto glass chain and come from a strong family culture, just like many of the businesses within the Cary Group. I have personally worked with the Riis family in auto glass for almost 30 years, both as a supplier, as a competitor and as a partner through AGE*. We look forward to deepening this collaboration and working closely together in the future," says Anders Jensen, CEO of Cary Group.

 

"We look forward to welcoming employees from parts of Cary Group's operations to Riis, which will strengthen our professional competence, says Frithjof Riis, owner Riis Montasje AS.

 

*AGE (Automotive Glass Experts) is a network for companies active in automotive glass and is present in 24 countries. The members can take advantage of the network through knowledge exchange and agreements. Cary Group has a membership in Sweden, Denmark, UK, Belgium, Spain and Portugal.

 

The acquisition is subject to a competitive review, which is expected to be completed by the end of 2024.  

 

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.

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Cary Group achieves bronze medal in EcoVadis rating

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Cary Group, a leading European provider of automotive glass repair and replacement services, is pleased to announce the bronze medal achieved in the Ecovadis rating.

EcoVadis is a leading provider of sustainability ratings and helps companies manage ESG risks and improve sustainability practices. In 2023, Cary Group made the strategic decision to start assessing both ourselves and our suppliers with EcoVadis during 2024. In the first year of assessment, EcoVadis have awarded Cary Group with a bronze medal in the EcoVadis Sustainability Rating, scoring above the industry average in all four categories: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. This achievement reflects Cary Group’s commitment to sustainability, even though we are convinced to make improvements in recognized areas. Cary Group were also proudly rated as a Leader in Carbon Management Level, meaning that we have best-in-class decarbonization commitments, actions and reporting capabilities. This aligns with our climate vision to provide services with a minimum impact on the environment. One of Cary Group’s key targets is to reduce its CO2e emissions from scope 1 & 2 by 42% and scope 3 by 52% in relation to gross profit from 2022 to 2030, targets verified in line with the Science Based Target initiative’s (SBTi) 1.5°C scenario.

 

In 2024 EcoVadis revamped its assessment scheme and standards. Now, only the top 35% of companies that undergo the rigorous EcoVadis assessment are awarded a medal. 

 

"Receiving the bronze medal in the EcoVadis rating not only acknowledges our efforts but also inspires us to continue our sustainability initiatives. Becoming leaders in decarbonization shows that our efforts in this area are paying off," says Mia Ejendal, COO Cary Group. 
 

 

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.

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Cary Group announces new initiatives to promote equality and diversity in the workplace

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Cary Group, a leading provider of automotive glass repair and replacement services, is proud to announce a series of new initiatives aimed at promoting gender equality and diversity within the company. These initiatives are part of Cary Group’s ongoing commitment to creating an inclusive work environment and lowering barriers for women to enter traditionally male-dominated roles. One of these initiatives is a Female Technician Summit, held for the first time in Stockholm on August 28-29th. 

Cary Group is dedicated to offering a workplace with equal opportunities and an inclusive environment. The company aims to increase the number of female employees, particularly in production roles, to enhance gender equality and broaden its recruiting base. Cary Group has set ambitious targets to increase the number of female technicians from 31 to 57 by 2026, representing an 84% growth.

There are several ongoing initiatives to reach this, one of it is the Female Technician Summit but also CaryLEAD, the company’s newa leadership profile, as well as sustainability– linked loans, financial initiatives tied to the company’s sustainability goals. The Female Technician Summit, held in Stockholm for the first time, gathered female technicians from Sweden and the UK, with the purpose of sharing knowledge and experiences and to discuss how to attract more female technicians to Cary Group. Guest speakers at the Summit included Sandra Mobarakis (Byggsandra), Jens Åklinder Lagerström (Scania), as well as André Persson (Regional Manager at Ryds Bilglas).

 

“We are dedicated to fostering an inclusive and diverse workplace where everyone feels valued and empowered. Our new initiatives are a testament to our commitment to breaking down barriers and creating opportunities for women in traditionally male-dominated roles. By increasing the number of female technicians, we aim to not only enhance gender equality but also to enrich our company culture. The Female Technician Summit was a fantastic and important opportunity to hear our female technicians share their experiences, support each other, and discuss how to best create a good and inclusive working environment . It was a great experience for us all to feel the strength that we create together and to see first-hand the internal engagement and dedication from our managers and our organisation." ,says Maria Dillner, Director HR at Cary Group.

 

The Group’s next scheduled initiative includes digital forums for managers in Sweden and the UK to share best practice and high-light good examples from the company’s work on inclusion and gender equality, and takes place during autumn 2024.

For further information, please contact:

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

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Ryds Bilglas Expands Operations with the Acquisition of Two More Collision Repair Shops

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Ryds Bilglas, Sweden’s leading company in vehicle glass repair and replacement, has acquired BSC Bilskadecentralen through its subsidiary, Autoklinik i Malmö AB.

Autoklinik i Malmö AB was Ryds Bilglas’ first acquisition in the area of bodywork and painting. Since then, Ryds Bilglas has acquired six additional collision repair shops in Stockholm, Visby, Malmö, Örebro, and Eskilstuna. The company is now further expanding in the vehicle damage sector with Autoklinik’s acquisition of BSC Bilskadecentralen.

Bilskadecentralen has two workshops, one in Staffanstorp and one in Vellinge, outside Malmö. The company specializes in bodywork and painting repairs, as well as PDR (Paintless Dent Removal), which uses special tools to repair dents and minor damages cost-effectively. This acquisition further strengthens Cary Group’s, the auto glass group that includes Ryds Bilglas, unique position and expertise in SMART repair (Small to Medium Area Repair Techniques).

Bilskadecentralen’s workshops service all car brands. The company has been owned and operated by Alexander Weiland and Edward Karlsson since 2016 and currently has nineteen employees. Alexander and Edward will continue to manage and develop the business.

For more information, please contact:

Fredrik Karlsson, Country Manager, Ryds Bilglas Tel: +46 10 102 99 36

About Ryds Bilglas Ryds Bilglas is a leading company in vehicle glass repair and replacement, with over 150 workshops across Sweden. The company was founded in 1947 and is now part of the Cary Group. For more information, please visit www.rydsbilglas.se

 

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Cary Group acquires Elkjærgruppen

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Cary Group has acquired 80 percent of Elkjærgruppen, a car collision network with 6 workshops located on Zealand, Denmark. Elkjærgruppen was founded in 1955 by John and Peter Elkjær as Elkjærs Autolakering and has been in the family’s ownership since. In 2011 the business expanded from only paint to full-service body and paint shop. Elkjærgruppen has a strong reputation among insurance companies and a high customer satisfaction. Cary Group already owns Crashpoint in Denmark, active in damage reapair.

"My colleagues and I are happy to continue our journey together with the team at Cary Group. With an ambitious owner like Cary Group, it opens new opportunities that our customers will see through, among other things, increased digitization, new workshops, and a focus on sustainability. I’m looking forward to continuing to be a part of Elkjærgruppen management and as co investor together with Carsten Elkjær and Kenneth Pedersen Elkjær”, says Michael Elkjær, CEO Elkjærgruppen.

"I look forward to start working together with Michael and the team at Elkjærgruppen. With Cary Group’s acquisition of Elkjærgruppen it means that the Danish collision business now not only operates in Jutland but in the whole of Denmark. We see great potential in creating a strong offering with the combined businesses, says Claus Nielsen, CEO at Crashpoint.

“We are very happy to welcome Elkjærgruppen to the Cary Group family. With the acquisition we now have a strong national coverage within car collision in the whole of Denmark. Elkjærgruppen will serve as a great addition to our existing company within body repair and collision, Crashpoint, who has workshops located in Jutland. Elkjærgruppen is, as many of the companies that joins our Group, family owned with an entrepreneurial spirit. It is a well-managed company with a solid financial history. We have followed the company and for a long time and are very happy that Michael Elkjær, Carsten Elkjær and Kenneth Pedersen Elkjær from the founder family, stays on as a management team”, says Anders Jensen, CEO of Cary Group.

Elkjærgruppen has 78 employees, primarily body repair technicians and paint workers, and 6 workshops covering the greater Copenhagen area.

Besides Crashpoint, Cary Group operates in Denmark through Dansk Bilglas, active in vehicle glass repair and replacement and Dansk Busglas, offering services for repair and replacement of bus and coach glass.

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 Elkjærgruppen
Elkjærgruppen was founded in 1955 by John and Peter Elkjær as Elkjærs Autolakering and as of today it is still family-owned (third generation). In 2011 the business expanded from only paint to full-service body and paint shop. Elkjærgruppen has a strong reputation among insurance companies and a high customer satisfaction. Elkjærgruppen operates with 6 workshops covering greater Copenhagen area.

About Cary Group
Cary Group offers sustainable car care solutions, specialising in vehicle glass repair and replacement with a complementary offering in auto body repair. Our services sustain the life, value and safety features of motorised vehicles. With convenient locations, high-quality products and smart solutions, we help our customers make simplified and sustainable choices. Our journey started 1947 with Ryds Bilglas in Sweden, and today we serve customers throughout Europe with several well-known and successful brands. For more information, visit www.carygroup.com.
 

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Ryds Bilglas chosen as If Skadeförsäkring’s main supplier for glass damages

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Ryds Bilglas has been chosen as If Skadeförsäkring's main supplier for glass damages for a period of five years. The five-year agreement is a very strong proof of Ryds Bilglas' high customer satisfaction, the investment in a sustainable offering with a high repair rate, being able to offer competitive prices, a digital customer journey and proximity to customers through an extensive network of workshops. Ryds Bilglas' commitment to working with If in the long term is also a strong contributing parameter to the partnership agreement.

Ryds Bilglas has shown a high focus on sustainability, among other things by achieving a record-high repair rate for windshields, and in combination with an early digital transformation, this has led to a high customer experience and efficiency in the services they offer. This has meant that they have been and are a strong supplier of services to insurance companies.

"The agreement with If is a confirmation of our work to deliver the highest quality service to our customers. Our commitment to customer satisfaction, digital innovation and environmental responsibility have been key factors in achieving this long-term collaboration. We look forward to continuing our journey towards being the leading specialist in car glass repairs and to strengthening our offer to customers at If," says Fredrik Karlsson, MD at Ryds Bilglas.

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Cary Group strengthens its market position in the United Kingdom with the acquisition of Spire Windscreens Limited

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Cary Group has acquired 100% of UK company Spire Windscreens Limited on 1st April 2024. Spire Windscreens Limited is also part of the same consortium as Cary Group in the UK, National Windscreens. The company is one of the UK’s service providers of vehicle glass repair and replacement.

“The acquisition of Spire Windscreens Limited is an important part of our strategy to further strengthen and consolidate our market position in the United Kingdom. We look forward to welcoming the team to the Cary Group”, says Anders Jensen, CEO Cary Group.

The acquisition of Spire Windscreens Limited means that Cary Group UK now controls the whole of National Windscreens operations except 4 workshops in Northern Ireland. The UK is Cary Group’s second largest market.

Founded in 1985 Spire Windscreens Limited is a family-owned workshop for vehicle and glass repair and replacement business. The company has a team of 11 employees.

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Cary Group publishes the 2023 Sustainability Report

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Cary Group today announces that the company’s 2023 Sustainability Report available at www.carygroup.com/sustainability/

“In 2023, we took several great steps on our journey to become truly sustainable. We achieved an all- time high Group wide repair rate of windscreen of 33% and established a green fleet strategy including a policy that no more new ICE (Internal Combustion Engine) company cars will be procured either via leasing or purchase. It is with pride that our goals have been verified by the Science Based Targets Initiative. I know that we in 2024 will continue to take more steps towards a more sustainable future, continuing offering our customers smarter solutions for sustainable car care”, says Anders Jensen, CEO of Cary Group.

Cary Group’s reduction targets, now verified by SBTi, sets out a reduction of CO2e emission from scope 1 & 2 by 42%, in line with the 1.5°C scenario from 2022 to 2030. Scope 3 emissions should be reduced in relation to gross profit by 52% by 2030, compared to the base year 2022. The Scope 3 target includes purchased goods and services, fuel and energy, transportation and distribution and waste generated in operations.

As a part of our reduction road map to reach our SBTs, Cary Group will from 2024 and onward continue to climate compensate for its own operations (Scope 1 and 2), but for the value chain emissions (Scope 3), instead implement internal carbon pricing (ICP) to accelerate the emission reduction.

For more information, please contact:

Helene Gustafsson, Head of IR & Corporate Communication

Tel: +46 708 684 050

Email: helene.gustafsson@carygroup.com

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Cary Group launches new Group website

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Cary Group, a European market leader in vehicle glass repair and replacement, is thrilled to announce the official launch of its redesigned website, www.carygroup.com. The new website boasts a modern design, intuitive navigation, and a wealth of information about the company, its history, services, and European expansion journey.

“We are excited to introduce our revamped website. The new website showcases a stronger and more uniform home for our offering and services, an extended and improved Peoples section and a new section for Entrepreneurs that would like to be part of the Cary Group family”, says Helene Gustafsson, Head of Corporate Communication at Cary Group.

Visitors are invited to explore the website and sign up for press releases to stay informed about the latest industry trends within vehicle glass as well as other company news.

The project was done in cooperation with Essen International.

 

 

 

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.