of Diamond Glass Assets to Belron US is Complete; Business as Usual
The sale of the assets of Diamond Glass to Belron US closed yesterday,
as scheduled, according to both a press release issued by Belron
US, and a statement issued by Diamond counsel Michael Richman of
Foley & Lardner.
"The acquisition closed successfully [yesterday] morning,"
According to a company press release, Belron US vice president of
warehouse operations John Sadler will head up the formulation of
the plan to integrate Diamond into the company's operations. Once
finalized, the integration plan is expected to be implemented over
the next 30 to 60 days. Until then, Belron US spokesperson Jenny
Cain says it's "business as usual" at both companies.
"For now, we want our associates to remain focused on providing
the high levels of service that is the cornerstone of any successful
business," she says.
Tom Feeney, Belron US president and chief operating officer, echoed
Cain's thoughts in sa press release issued by the company.
"Until we have time to formally announce and implement transition
plans, our work forces will continue to function in the same professional,
efficient, and customer-focused manner that they always have,"
HERE for the full text of the press release issued by Belron
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