Carglass' parent company, Belron, has purchased the Dutch car glass group Autototaalglas. Adding its 54 stores means the group will become twice as large in the Netherlands.
From 56 to 110 stores
Dutch Autototaalglas, a company that replaces or repairs car windows, has become a part of Belron, the world's largest vehicle glass company and also Carglass' parent company. Financial details of the deal have not been divulged.
Franchise organization Autototaalglas, founded in 1986, has a 3 million euro turnover in its 54 Dutch stores. By comparison: Carglass currently has 56 Dutch stores.
Both brands will continue to co-exist: "That way we can propose 2 value propositions to our customers as Autototaalglas is a bit cheaper than Carglass", D'Ieteren spokesperson Pascale Weber told business paper De Tijd. D'Ieteren, a car service group from Brussels, controls 94.85 % of Belron, which is active in 34 countries in 5 continents. Its 26,500 employees service over 11 million customers per year.