Safelite Group Acquires Royal Glass
May 7, 2013
by Jenna Reed, firstname.lastname@example.org
Safelite Group is acquiring substantially all of the auto glass
division assets of Maryland-based Royal Glass Co., excluding the
tire-related business. Royal Glass has six locations in Alexandria,
Va., Capitol Heights, Md., Prince Fredrick, Md., Rockville, Md.,
Waldorf, Md., and Woodlawn, Md.
Royal's management team, including Tom Parbuoni, Jimmy Parbuoni
and Brian Show will join Safelite. Royal Auto Glass has 45 employees
and Safelite is expected to keep the majority of the employees,
according to Melina Metzger, PR manager for Safelite.
The terms of the deal were not disclosed.
The sale of Royal Auto Glass to Safelite is the next logical step
to ensure the company's continued success, says Tom Parbuoni in
a Safelite statement.
"For the immediate future, overlapping markets will operate
under a Safelite and Royal Glass co-branding strategy until further
plans are made," says Metzger.
"In the near term, it will be business as usual while the
integration management team develops detailed plans for bringing
the two operations together," she adds.
This story is an original story by AGRR™ magazine/glassBYTEs.com™. Subscribe to AGRR™ Magazine.
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