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The company declared bankruptcy in 1997, after which time, the company became owned by its largest creditor, J.P. Morgan & Co. [2] In 2007, Safelite was acquired by Luxembourg based Belron, which is in turn owned by the D'Ieteren group, [3] Belron is the world's largest vehicle glass company, providing service in over 32 countries.
Belron International Limited is a South African vehicle glass repair and replacement group operating worldwide across 34 countries [1] and employing over 25,000 people. . Headquartered in Egham, Surrey, United Kingdom, [2] Belron's brands include Autoglass in the United Kingdom, Ireland, and Poland, Carglass in most of Europe, O'Brien AutoGlass in Australia, Safelite in the United States ...
Belron performs vehicle glass repair and replacement. The company operates in Europe and Brazil under the brand names Carglass and Autoglass (Ireland, United Kingdom, Poland), in North America (Canada, United States) as Safelite and Speedy Glass, in Australia under the brand name O'Brien and in New Zealand under the brand name Smith & Smith.
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Company Sector Ownership % Acquisition Date (YYYY/MM/DD) Acquisition Price Notes Acme Brick Company: Materials and Construction 100% 2000/08/01 [2] ~$600 Million ($4,392.65 Million 2017) [3] [4] Alleghany Corporation: Insurance 100% 2022/10/19 [5] $11.6 billion [5] Included Alleghany subsidiary Kentucky Trailer, which designs and manufacturers ...
Before the 2010s, there used to be a company called Auto Glass Center. They were founded in 1946, a year before Safelite, and their slogan was "Your Hometown Glass Company". In the 2010s, they were bought out by Safelite and the acquisition marked Safelite's first stores in many of these areas.