Belron acquires Autotaalglas in the Netherlands

4 June 2015

Belron is pleased to announce that it has acquired the Autotaalglas franchise business in the Netherlands.

Autotaalglas was founded in 1986 by Pieter van Spaendonck and has since grown into a nationwide franchise organisation. Its corporate office is in Tilburg and it has 54 independent franchisees located across the country.

Belron has previously operated in the Netherlands solely through its Carglass® business. Carglass® Netherlands operates through 56 owned service centres and its head office located in Son, Eindhoven.

The two businesses will each retain their own identity and operating model.

Comments

Pieter van Spaendonck said: “After 30 years in the industry, I decided that selling the business at this time was in the best interests of my family. I am delighted that the new shareholder is fully committed to the industry and continuing to develop the Autotaalglas business. I look forward to working with Belron in assisting them with this development.”

Gary Lubner, CEO of Belron said: “I am delighted to welcome the Autotaalglas management, employees and franchisees to the Belron family. The Dutch vehicle glass repair and replacement market has some significant challenges. Specifically, it has more than halved over recent years and is also facing increasing technical complexity requiring additional investments. Operating with these two businesses will enable Belron to safeguard a choice of specialists for our customers, as well as insurance, fleet and lease partners while delivering a return to our shareholders.”

About Belron

Belron® is the world’s leading vehicle and glass repair and replacement company. It owns many well-known brands in the industry including CARGLASS®, AUTOGLASS®,SAFELITE®AUTOGLASS, SMITH&SMITH®, O’BRIEN®, LEBEAU® and SPEEDY GLASS®. It operates in 34 countries across five continents and has 26,500 employees who serve more than 11 million customers a year.