Cary Group acquires Elkjærgruppen

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.
 

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

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.

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

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

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

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.
 

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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.

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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.
 

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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”.

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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 continues the expansion of

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