Cary Group publishes the 2023 Sustainability Report

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

Cary Group launches new Group website

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.
 

High Interest in the Insurance Industry for Calibration Webinar

On March 7, 2024, Dansk Bilglas, part of Cary Group, in collaboration with automotive and lifestyle expert Christian Grau, presented an exciting webinar focusing on the calibration of windshield cameras in connection with windshield replacement. The event was an overwhelming success and sparked significant interest in the insurance industry.

Representatives from 24 different insurance companies participated, while Christian Grau and three experts guided them through the topic. Dansk Bilglas had assembled a strong team of experts in the field:

Hans Christian Matthiesen, Category Manager

Hella Gutmann Solutions A/S – expert in ADAS calibration

Rune Amdi, Owner and Technician, DKVO – Tesla specialist

Christian Henningsen, Technical Manager, Dansk Bilglas A/S – go-to expert in ADAS calibration

The webinar focused on concrete examples and opportunities to provide participants with insights into both solutions and challenges in calibration. To ensure the best conditions for a successful webinar, Dansk Bilglas had entered into an agreement with LivePro ApS regarding the execution of the webinar, which helped ensure a professional and seamless execution.

Feedback on the webinar was overwhelmingly positive. Participants praised the event for being informative and rewarding, and Dansk Bilglas is encouraged to organize similar events in the future.

SBTi approves Cary Group’s science-based emission reduction targets

Cary Group’s targets for reducing greenhouse gas (GHG) emissions have now been verified by the Science Based Targets initiative (SBTi) as aligned with the latest climate science and consistent with the goals of the Paris Agreement. Cary Group committed to set targets in line with SBTI’s criteria in May 2022 and submitted the new targets for validation in October 2023.

 

“We are very pleased that our emission reduction targets have now been validated by SBTi, and we look forward to continuing offer our customers smarter solutions for sustainable car care. With a strong focus on circularity and repairing instead of replacing windshields, when possible, our journey now accelerates. Our climate impact will continue to reduce by increasing the share of renewable energy, operate with sustainable transportation, and work towards a sustainable supply chain”, says Anders Jensen, CEO of Cary Group.

With the new targets Cary Group has committed to reduce CO2e emissions from scope 1 & 2 by 42% in line with the 1.5°C scenario from 2022 to 2030. For 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.

 

The SBTi is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). It is focused on accelerating companies across the world to halve emissions before 2030.

 

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 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.
 

Cary Group strengthens its market position in the United Kingdom with the acquisition of J Huggins and Son Limited

Cary Group has signed an agreement to acquire 100% of UK company J Huggins and Son Limited. The company is one of the UK’s main service providers of vehicle glass repair and replacement, and the acquisition is an important part of consolidating Cary Group’s position in the United Kingdom. J Huggins and Son Limited is also part of the same consortium as Cary Group in the UK, National Windscreens.

The acquisition of J Huggins and Son is an important part of our strategy to further strengthen and consolidate our market position in the United Kingdom. The company has a well-run business and we look forward to them joining Cary Group”, says Anders Jensen, CEO Cary Group.

The acquisition of J Huggins and Son Limited means that Cary Group’s operations now account for the majority of the National Windscreens consortium, representing approximately 95% of the consortium’s total revenue. The UK is Cary Group’s second largest market.

Founded in 1971, J Huggins and Son Limited always been family owned with 17 workshops for vehicle glass repair and replacement as well as a wholesale business. The company has around 120 employees. The acquisition is expected to close in February 2024.

Workshop technicians within Cary Group in an exciting exchange of experiences

Cary Group is one of the European market leaders in repair and replacement of vehicle glass, consisting of independent companies in 10 different markets. The largest markets are the UK, operating under the brand name of National Windscreens and Sweden, operating under the brand of Ryds Bilglas. As part of increasing the knowledge sharing between technicians in the countries, 10 workshop technicians from Ryds Bilglas in Sweden have been working for two weeks in different locations in the London area in the UK.

“This is the first time that doing a cross-country exchange at fitting centre level, and we are pleased with the response from our staff. It is an excellent opportunity to give our employees a unique professional adventure. The collaboration has been very successful, both from our side and from National Windscreen’s side, and we hope for more of these exchanges moving forward,” says Fredrik Karlsson, Managing Director of Ryds Bilglas in Sweden.

Cary Group had the idea of offering the companies that are part of the Group to excel by being part of something larger. Knowledge and best practice sharing as well as cooperations like these are good examples of the exchange.

Andy Rae, Operations Director, said: “The collaboration between Ryds Bilglas and National Windscreens is a great chance to see how the practices of the technicians differ in Sweden and the UK. Ryds Bilglas technicians have, in addition to their solid know-how, contributed their knowledge, but also ensured a high level of customer service in our workshops. Sharing innovations, skills and practices through our network is an essential function of the business to continue to improve the service for our customers”.

Cary Group continues the expansion of operations in the Nordic region

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 damage workshop for Tesla, Jaguar, Range Rover and other major brands. The company was founded in 2003 and has been a franchise workshop for MPS Bilskade which is already owned by Cary Group since 2007.

“We are pleased to welcome Hellestö Karosseri to Cary Group and part of our Norwegian company MPS Bilskade. This is the third acquisition in Norway with a focus on damage and paint repair and thus a good complement to our business for replacing and repairing of vehicle glass. The expansion of our service offering is an attractive offer to insurance companies and Stavanger is an important location as part of the expansion of our workshop network. Hellestö Karosseri is a very well-run business with a good leader in Karsten Hermansen and we look forward to working together with Karsten and his employees, says Mats Green, Nordic Manager for Cary Group.

The company, which was founded in 2003, is run by Karsten Hermansen, who remains with the company as manager. Hellestö Karosseri has 25 employees, the majority of whom are damage technicians. The turnover for 2022 amounted to NOK 46 million. The acquisition will be completed on the first of August.

For more information, please contact:
Mats Green, Nordic manager Cary Group Phone: +46 70 633 31 36
Helene Gustafsson, Head of Communications Cary Group Phone: +46 70 868 40 50

Cary Group appoints Patrik Andersson as Chairman of the Board

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 draw on his extensive experience from a service-oriented business in a company that has undergone an international expansion to support Cary Group’s continued growth and expansion journey.

“I am delighted to be appointed Chairman of the Board of Cary Group. I hope to contribute through my experience in building leading international businesses as Cary Group continues its successful journey to build a leading and trusted provider of vehicle glass repair and replacement services to Europeans. I have great respect for the company and how it contributes to building a safe and mobile society, today and in the future. The company’s trust in the workshop managers, relentless customer-centric approach, focus on a digital and sustainable offering plays an important role going forward. I look forward to working together with the management team in the next phase of the company”, says Patrik Andersson, Chairman of the Board of Cary Group.

Patrik Andersson was until May 2022 CEO & President of Loomis AB, one of the leaders in the global cash, payment and valuables handling industry, with a turnover of over 25 billion SEK. The company has operations in 23 countries, employs 25 000 employees and is listed on the Stockholm stock exchange. He joined the company as CEO & President in 2016 and has been vital in the internationalization of the company. He has also previously served as CEO of Orkla Foods Sweden and CEO & President of Rieber&Søn, Food Products. He currently serves on the Board of Midsona, Sesol, Ecolean and AAK.

“Patrik is a highly experienced leader with an excellent track record in the business services and consumer industry. He brings a unique set of skills and knowledge that will help Cary Group to scale and grow. The Board is enthusiastic about adding further expertise to build upon Cary Group’s expansion,” says Gustaf Martin-Löf, Chairman of the Board in Cary Group and Partner CVC Capital Partners.

“We are delighted to welcome Patrik as Chairman of the Board to Cary Group. The combination of Patrik and his breadth of experience with Anders Jensen, Cary Group’s CEO, and the rest of the management team will allow Cary Group to set new standards as part of its strategy to be one of the leading European Vehicle Glass Repair and Replacement companies”, commented Joakim Andreasson, Board Member of Cary Group and Managing Director, Nordic Capital Advisors.

Patrik takes up his post as chairman of Cary Group on 29 May. In connection with the change of chairman, Gustaf Martin-Löf has been appointed as a board member.

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.

Cary Group continues its European consolidation journey with the acquisition of Autoglass Clinic and Touring Glass in Belgium

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, will create a strong platform in the Belgian market after the two companies have been integrated. The joint company will operate under the brand name Autoglass Clinic.

“We are very happy to welcome Autoglass Clinic and Touring Glass to the Cary Group family. Belgium is an attractive market with high vehicle glass repair and replacement insurance penetration. Autoglass Clinic has a strong number two position in the Belgian market and together with Touring Glass, number three in the market, we create an even stronger and larger platform. The expansion into Belgium is part of Cary Group’s European consolidation journey and growth agenda and the acquisitions create additional regional and national coverage for our insurance companies”, says Anders Jensen, CEO Cary Group.

“Autoglass Clinic is very happy to announce that we from now on will be part of Cary Group, and that we are given the opportunity of housing Touring Glass in our company. I believe that Autoglass Clinic and Cary Group share the same DNA. Entrepreneurship, passion for the profession and local presence are crucial to us, as is sustainability. With our strong market position in Belgium, we are hoping to find synergies and ways of cooperation with the other companies in Cary Group that will bolster our business. With Cary Group’s strong focus on digital customer solutions and sustainable focus we are sure that this will benefit both the insurance companies and our end customers”, says Charline Leroi, owner of Autoglass Clinic.

Autoglass Clinic has its head office in Hasselt in central Belgium. The company has always been family owned and has a network of 27 Service Centers, 24 independent automotive glass specialists and three owned workshops with 25 employees. Touring Glass has 8 owned workshops and 33 employees.

The acquisition is expected to be completed during the second quarter of 2023.

For further information, please contact:

Anders Jensen, CEO Cary Group
Tel:+46 10121 96 12

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.

Cary Group publishes Sustainability Report for 2022

Cary 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 for and repairing, instead of replacing, with social responsibility and minimal environmental impact, is the foundation of sustainable car care at Cary Group.

Cary Group’c CEO Anders Jensen comments:

“During 2022, we have successfully continued to build towards our vision of offering more customers sustainable solutions for smarter car care. Our vision is to lead the way in our industry when it comes to sustainability. During the year we made progress across all our three focus areas of sustainability – Climate, Our People and Governance. As we move into 2023, many key challenges of 2022 remain. However, I believe Cary Group is well equipped to deliver another successful year, thanks to our proven ability to manage change and the strength of the Cary Group team and of our business as a whole. 2023 will see us take more steps towards a more sustainable future, and it is with pride that we have committed to the Science Based Targets Initiative as a clear differentiator when it comes to reducing carbon emissions”.

Visitwww.carygroup.comto access the full Sustainability Report.

For more information, please contact:

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