Belron US Completes Acquisition of IGD Industries'
Auto Glass Repair and Replacement Assets
October 2, 2009
Belron® US, parent company of Safelite AutoGlass®, has completed
the acquisition of the auto glass repair and replacement assets
of IGD Industries. These businesses include Auto Glass Center Inc.;
Auto Glass Center of Kansas Inc.; Arnie's Auto Glass Center; Glass
Installations LLC (DBA Midwest Auto Glass Center); JC's Glass LLC;
and Globe of Iowa LLC (DBA Nationwide Auto Glass) and Alliance Claims
Solutions Inc.
The acquisition was announced on September 23 and the deal closed
effective September 30. (CLICK
HERE for related story.)
"This acquisition brings together two businesses that complement
each other well," says Tom Feeney, Belron US president and
chief executive officer. "We are thrilled to welcome this new
group of talented people into our family and will now begin discussions
on how we can work together."
Approximately 450 employees working for Alliance Claims Solutions
and the Auto Glass Center family of brands operating 78 stores in
16 states primarily in the Midwest and Western regions of the United
States join Belron US, which now has a total of 9,000 employees,
according to the company.
"For now we want everyone to continue to do what they do everyday
provide the best possible service to our customers," says Feeney.
"Until we formalize action plans related to the integration
of the businesses, our people will continue to work as they do today
and report to the same individuals."
John Sadler, vice president, supply chain development and business
integration, will lead the integration of the businesses.
Need more info and analysis about the issues?
CLICK
HERE to subscribe to AGRR magazine.
|