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Belron S.A will integrate its latest acquisition, Glostrop, Denmark-based Mobilglas, into its Denmark subsidiary, Carglass® Denmark. Belron recently purchased Mobilglas for approximately $6 million U.S. dollars (4.8 million euros). (CLICK HERE for related story.) "Mobilglas and Carglass® [are] a perfect match," says Ole Meyer, general manager of Carglass® Denmark, in a statement issued by the company. "We have the same market approach, and strive for the same technical quality and customer service. Mobilglas has a proven track record with its mobile concept combined with central booking, and we will spend the first period after the take-over learning from them so that we can pick the best ideas from both organizations for the future set-up. This is indeed a very exciting opportunity for us here in Denmark." Mobilglas chief executive officer Fred Sorenson confirmed the sale of his company this morning, but declined to comment further, citing an agreement with the purchaser. "We also signed an agreement that we cannot divulge anything to the press," said Sorenson. Sorenson founded Mobilglas in 1984 with the assistance of Jacqueline Newman of Austin, Texas. Today, he serves on the Repair of Laminated Auto Glass Standard (ROLAGS) Committee and has been active throughout the windshield repair industry. Stay tuned to glassBYTEs.com for more information as it becomes available. Need more info and analysis about the issues? |
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