Prime CarCare Group Inc., parent company to Speedy Auto Service and Minute Muffler and Brake brands, has signed an agreement with Novus Glass, granting the company master franchise rights to Novus Glass in Canada.
Under the agreement, Prime CarCare Group has the rights to establish Novus Glass franchise locations within the more than 130 Speedy Auto Service and Minute Muffler and Brake brand locations throughout Canada. The agreement also provides for the coordinated development of new standalone locations throughout the country and the continued support of existing Novus Glass franchise stores.
Starting in March 2014, the two companies will work together to train new franchisees and integrate the Novus Glass repair and replacement services into Prime’s existing franchise network.
“The arrangement with Novus Glass will allow us to leverage the strength of both companies by accelerating development and further driving operational efficiencies at the store and supply chain levels,” says David Lush, president and CEO of Prime CarCare Group. “Our opportunity for improved store performance and increased consumer service offering fits perfectly with the trend toward consolidation within the automotive aftermarket service industry.”
Garry Skidmore, president of Novus Glass, adds, “The operational fit and excellent timing of this agreement will enable Novus Glass to quickly establish a national store network while adding value to the total service offering of Prime CarCare Group Inc.’s brands. We are very impressed with the leadership and vision of Prime in the automotive aftermarket service industry and are very excited to work together to bring new levels of high quality performance and service to customers in Canada.”
In 2005, Belron Canada, a subsidiary of Belron S.A., signed an asset purchase agreement with TCG International Inc.’s Autostock International Division for the acquisition of its Canadian glass operations, headquartered in Burnaby, British Columbia. TCG International owns Novus Glass.
Autostock International Canadian’s Glass Operations provided services and solutions for automotive glass repair and replacement under three banners: Speedy Glass, Apple Auto Glass and Novus.