SafeLite Group to Acquire Guardian Auto Glass and Guardian Glass Network

December 4, 2013

SafeliteGroup, the nation’s leading vehicle glass company and owner of Safelite AutoGlass, has reached an agreement to acquire substantially all of the vehicle glass repair and replacement assets of Guardian Auto Glass, LLC, a joint venture of Guardian Industries Corp. and LRST, LLC. Additionally, SafeliteGroup has reached an agreement to acquire the vehicle glass insurance claims management assets of Guardian Glass Network, not including its RV glass claims management operations. Both contracts were signed on December 1, 2013 with an expected closing at the end of business on December 31, 2013.

Auburn Hills, Mich.-based Guardian Industries was founded in 1932. Guardian Auto Glass currently includes approximately 253 employees in 60 retail locations throughout the U.S. Guardian Auto Glass provides vehicle glass repair and replacement services in 12 states with a heavy emphasis in Ohio, Virginia, West Virginia and Florida. Guardian Auto Glass’ management team will assist in the transition.

Guardian Glass Network operates its vehicle glass claims administration operation in Worthington, Ohio, and has 21 employees, 13 of whom will join Safelite Solutions. The remaining Guardian Glass Network employees will continue to operate the RV glass claims program.

The acquisition is part of an international deal of the Belron Group, which includes the purchase of the vehicle glass business of Guardian in Spain.

 

Source: SafeliteGroup

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