Special News Alert: Safelite Purchases Giant Glass Co.
January 4, 2012

Safelite® Group has announced the purchase of North Andover, Mass.-based Giant Glass Co. The company notes that sellers Dennis Drinkwater and Lance Cramer will continue to work with the company under Safelite.

"I am proud of the company that my business partner Lance and I have built," Drinkwater says. "We have a strong customer base and excellent employees and we wanted both of them to be well taken care of in the future. We trust that Safelite will take care of them both."

"While much of our growth has come organically from expanding the company's existing sales and profit base, we've also had various strategic, targeted acquisitions in the last several years," says Tom Feeney, president and CEO of Safelite. "We expect that Giant Glass' clients, customers, business partners and employees will benefit from our commitment to be the leader in the vehicle glass industry."

This will mark the third major acquisition Safelite has completed in recent months, including Klein-Dickert Co. Inc. and Southern Glass and Plastics, both in November 2012.

Giant is exactly that, a giant in the New England area. According to its website it has five Massachusetts locations in Peabody, Worcester, Lawrence, Weymouth and North Andover as well as more than 30 mobile vans and 54 employees.

Drinkwater is a noted figure in the Boston community and Giant Glass previously has been a high-profile sponsor for the Boston Red Sox.

Stay tuned to glassBYTEs.com™ for more on this story.

What are your thoughts on the acquisition? Email the editor at cneeley@glass.com or share your comments on our message boards.

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