AGC Automotive Europe is acquiring the distribution activities of the Dan-Glas company (Denmark) to consolidate its ARG activity (automotive replacement glass) in Denmark.
Located in Vibörg (Jutland region), Dan-Glas was a customer of AGC Automotive Europe and specialises in distribution of premium brand windshields. It generated a turnover of € 2.8 million in 2016.
This acquisition is complementary in geographical terms to the existing network of NordGlass Denmark which was taken over by AGC in late 2015, and will reinforce AGC’s position in Denmark.
The fitting activities of Dan-Glas are not part of the transaction.
The acquisition is effective from January 2017.