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The deal by Guardian Industries Corp. to sell Guardian Automotive Products (GAPI) and Guardian Automotive –E S.A. (GA ESA) to Central Glass Co. Ltd., parent company of Carlex Glass Co., is just the latest move by the company to reduce its automotive glass footprint. Guardian retains a foothold in the marketplace with Custom Glass Solutions and the RV automotive glass claims administration business. Continue reading
Central Glass Co. Ltd., a parent company of Carlex Glass Co., has resolved to conclude a share transfer agreement to acquire all of the outstanding shares of two subsidiaries of Guardian Industries Corp.—Guardian Automotive Products, Inc. (GAPI), headquartered in Sterling Heights, Mich., and Guardian Automotive-E S.A. (GA ESA), headquartered in Luxembourg. Continue reading