Safelite: acquisition of Southern Glass & Plastics finalized

2012-11-21  Mergers, acquisitions & disposals

Safelite® Group, the US leading vehicle glass company, has reached an agreement to acquire substantially all the vehicle glass division assets of Southern Glass & Plastics. The acquisition is the continuation of Safelite AutoGlass’s mission to profitably grow in the US and to become the ‘natural choice’ for vehicle glass repair and replacement services.
Safelite® Group is a subsidiary of Belron®, the world’s largest and most successful retail vehicle glass repair and replacement company
US leading vehicle glass company, Safelite® Group, has reached an agreement to acquire substantially all the vehicle glass division assets of Southern Glass & Plastics.
Southern Glass is based in Georgia, North Carolina and South Carolina since 1990. Owned by Alan Epley, the company employs 25 people and operates five retail locations: Savannah, GA; Charlotte, NC; Charleston, SC; Columbia, SC; and North Augusta, SC.
The acquisition is the continuation of Safelite AutoGlass’s mission to profitably grow in the US and to become the ‘natural choice’ for vehicle glass repair and replacement services.
“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,” said Tom Feeney, president and CEO of Safelite® Group. “We expect that Southern Glass’s clients, customers, business partners and employees will benefit from our commitment to be the leader in the vehicle glass industry.”
Safelite® Group is a subsidiary of Belron®, the world’s largest and most successful retail vehicle glass repair and replacement company. Belron® operates in 34 countries.
Southern Glass’s owner Alan Epley will continue as a consultant during the transition before he officially retires. In addition, general manager David Packett will play a significant role in the integration.
“Even though we have been healthy competitors in the past, Safelite® offered the...





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