Cary Group strengthens its market position in the UK with the acquisition of Masterglass Windscreens Ltd, trading as Autoglazing

Cary Group has acquired Masterglass Windscreens Limited in the UK, which trades as Autoglazing. The acquisition of Masterglass Windscreens Limited is the second acquisition outside of National Windscreens, Cary Groups existing business in the UK.

“The acquisition of Masterglass Windscreens Limited is an important part of our strategy to further strengthen our market position in the United Kingdom. It is a well-established provider of automotive vehicle glass, repair, replacement and ADAS calibration services in East Anglia in the UK. By integrating it into our existing network, we enhance our ability to meet increasing demand, particularly in the insurance and fleet sector, where our organic growth has already positioned National Windscreens as a trusted provider. We look forward to welcoming the team to Cary Group”, says Anders Jensen”, CEO Cary Group.

Masterglass Windscreens Limited has been owned and run by the entrepreneur Andrew Hodge over the last 30 years. He will now take on the position as National Fleet Account Director at National Windscreens.

The UK is Cary Group’s second largest market. Cary Group's acquisition strategy focuses on platform acquisitions to enter new geographic markets, add-on acquisitions to strengthen its presence in existing markets, and smaller acquisitions to improve its footprint and achieve additional scale on a local market. Over the past four years, Cary Group has made several key platform and add on acquisitions, which have not only increased revenue but also established Cary Group in new markets, contributing to the consolidation of the highly fragmented European Vehicle Glass Repair and Replacement market.

 

 

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, Head of M&A and Integration, Cary Group
Tel +4610 121 96 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.