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Cary Group specialises in sustainable solutions for repair and replacement of vehicle glass, with a complementary offering in auto body repair in the Nordics. With good local accessibility, high-quality products and smart solutions, we help our customers make simplified and sustainable choices. We call it “Smarter solutions for sustainable car care”.

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The acquisition of Spire Windscreens Limited is an important part of our strategy to further strengthen and consolidate our market position in the United Kingdom. We look forward to welcoming the team to the Cary Group.
says Anders Jensen, CEO Cary Group.
The collaboration has been very successful, both from our side and from National Windscreen's side, and we hope for more of these exchanges moving forward.
Fredrik Karlsson, Managing Director of Ryds Bilglas in Sweden.
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Cary Group strengthens its market position in the United Kingdom with the acquisition of Spire Windscreens Limited

Cary Group has acquired 100% of UK company Spire Windscreens Limited on 1st April 2024. Spire Windscreens Limited is also part of the same consortium as Cary Group in the UK, National Windscreens. The company is one of the UK’s service providers of vehicle glass repair and replacement.“The acquisition of Spire Windscreens Limited is an important part of our strategy to further strengthen and consolidate our market position in the United Kingdom. We look forward to welcoming the team to the Cary Group”, says Anders Jensen, CEO Cary Group. The acquisition of Spire Windscreens Limited means

Cary Group publishes the 2023 Sustainability Report

Cary Group today announces that the company’s 2023 Sustainability Report available at www.carygroup.com/sustainability/“In 2023, we took several great steps on our journey to become truly sustainable. We achieved an all- time high Group wide repair rate of windscreen of 33% and established a green fleet strategy including a policy that no more new ICE (Internal Combustion Engine) company cars will be procured either via leasing or purchase. It is with pride that our goals have been verified by the Science Based Targets Initiative. I know that we in 2024 will continue to take more steps

Cary Group launches new Group website

Cary Group, a European market leader in vehicle glass repair and replacement, is thrilled to announce the official launch of its redesigned website, www.carygroup.com. The new website boasts a modern design, intuitive navigation, and a wealth of information about the company, its history, services, and European expansion journey.“We are excited to introduce our revamped website. The new website showcases a stronger and more uniform home for our offering and services, an extended and improved Peoples section and a new section for Entrepreneurs that would like to be part of the Cary Group

SBTi approves Cary Group’s science-based emission reduction targets

Cary Group’s targets for reducing greenhouse gas (GHG) emissions have now been verified by the Science Based Targets initiative (SBTi) as aligned with the latest climate science and consistent with the goals of the Paris Agreement. Cary Group committed to set targets in line with SBTI’s criteria in May 2022 and submitted the new targets for validation in October 2023.“We are very pleased that our emission reduction targets have now been validated by SBTi, and we look forward to continuing offer our customers smarter solutions for sustainable car care. With a strong focus on circularity and

Cary Group strengthens its market position in the United Kingdom with the acquisition of J Huggins and Son Limited

Cary Group has signed an agreement to acquire 100% of UK company J Huggins and Son Limited. The company is one of the UK’s main service providers of vehicle glass repair and replacement, and the acquisition is an important part of consolidating Cary Group’s position in the United Kingdom. J Huggins and Son Limited is also part of the same consortium as Cary Group in the UK, National Windscreens.“The acquisition of J Huggins and Son is an important part of our strategy to further strengthen and consolidate our market position in the United Kingdom. The company has a well-run business and we

Workshop technicians within Cary Group in an exciting exchange of experiences

Cary Group is one of the European market leaders in repair and replacement of vehicle glass, consisting of independent companies in 10 different markets. The largest markets are the UK, operating under the brand name of National Windscreens and Sweden, operating under the brand of Ryds Bilglas. As part of increasing the knowledge sharing between technicians in the countries, 10 workshop technicians from Ryds Bilglas in Sweden have been working for two weeks in different locations in the London area in the UK.“This is the first time that doing a cross-country exchange at fitting centre level,

Cary Group continues the expansion of operations in the Nordic region

Cary Group has signed an agreement to acquire 100% of Hellestö Karosseri in Stavanger, Norway. The company specializes in damage repair with the largest insurance companies as customers. Hellestö Karosseri is an authorized service and damage workshop for Tesla, Jaguar, Range Rover and other major brands. The company was founded in 2003 and has been a franchise workshop for MPS Bilskade which is already owned by Cary Group since 2007."We are pleased to welcome Hellestö Karosseri to Cary Group and part of our Norwegian company MPS Bilskade. This is the third acquisition in Norway with a focus

Cary Group appoints Patrik Andersson as Chairman of the Board

Cary Group, a European leading vehicle glass repair and replacement company, has appointed Patrik Andersson as new Chairman of the Board. As the former CEO and President of Loomis AB, Patrik will be able to draw on his extensive experience from a service-oriented business in a company that has undergone an international expansion to support Cary Group’s continued growth and expansion journey.“I am delighted to be appointed Chairman of the Board of Cary Group. I hope to contribute through my experience in building leading international businesses as Cary Group continues its successful

Cary Group continues its European consolidation journey with the acquisition of Autoglass Clinic and Touring Glass in Belgium

Cary Group has signed an agreement to acquire the Belgian companies Autoglass Clinic and Touring Glass, both operating in Vehicle Glass Repair and Replacement. The acquisitions, which are part of Cary Group’s European consolidation journey, will create a strong platform in the Belgian market after the two companies have been integrated. The joint company will operate under the brand name Autoglass Clinic."We are very happy to welcome Autoglass Clinic and Touring Glass to the Cary Group family. Belgium is an attractive market with high vehicle glass repair and replacement insurance

Cary Group publishes Sustainability Report for 2022

Cary Group, a leading European vehicle glass repair and replacement service provider, today publishes its Sustainability Report for 2022. Cary Group offers solutions that help sustain the life, value and safety features of vehicles. Caring for and repairing, instead of replacing, with social responsibility and minimal environmental impact, is the foundation of sustainable car care at Cary Group.Cary Group’c CEO Anders Jensen comments: “During 2022, we have successfully continued to build towards our vision of offering more customers sustainable solutions for smarter car care. Our vision

Cary Group continues to expand operations in the Nordic region

Cary Group has signed an agreement to acquire 90% of Gotlands Plåt & Billack AB in Visby, Gotland. The company specializes in damage and body repair for several car brands and is an approved supplier to insurance companies. The company's turnover amounted to SEK 22 million for 2022 and has 10 employees."We are pleased to welcome Gotlands Plåt & Billack AB to the Cary Group family. This will be our third workshop in Sweden with a focus on damage and body repair and thus a good complement to our business for replacing and repairing vehicle glass. The expansion of our service offering is part

Cary Group acquires Dansk Bilglas

Cary Group has acquired Dansk Bilglas, a leading company in the repair and replacement of vehicle glass in Denmark. The acquisition means that Cary Group further strengthens its presence in its home region, the Nordics."We are pleased to be able to announce our acquisition of Dansk Bilglas. The acquisition means that we strengthen our market position in Denmark but above all our entire Nordic home region. We are the market leader in Sweden and now occupy a position as one of the leading players in Denmark. Dansk Bilglas, under the leadership of CEO Peter Stig Christensen, has recently

Cary Group acquires Autoglas Luxemburg

Cary Group has acquired Autoglas Luxemburg, a vehicle glass repair and replacement company in Luxemburg.“We are happy to announce our acquisition of Autoglas Luxemburg, yet another step in our European consolidation journey. The company has a strong market position and solid customer relations with both insurance-, fleet and leasing companies,” saysAnders Jensen, CEO Cary Group. Cary Group acquires 75% of Autoglas from its current owner Stéphane Deleuze who will remain as part owner in the business going forward. The company has four own workshops and one service point. Revenues for 2021

Cary Group appoints Regional Manager for Rest of Europe

Cary Group has appointed Peter Watters as Regional Manager for Region Rest of Europe and new member of the Cary Group Executive Management Team, effective November 1, 2022.“Peter Watters is an experienced international leader who has successfully delivered strong results and growth in his previous roles. He has a long track record of developing high-performing organizations within the Vehicle Glass industry and I am confident that he, with his solid background and capabilities, will be a great Regional Manager for Region Rest of Europe. Rest of Europe is our largest region within Cary Group

Bulletin from Cary Group Holding AB (publ)’s Extraordinary General Meeting on 21 October 2022

Cary Group Holding AB (publ) held an Extraordinary General Meeting today, Friday, 21 October. The Extraordinary General Meeting was conducted by means of only advance voting (so-called postal voting) with the support of temporary legal rules.Election of Board members The Extraordinary General Meeting resolved that the Board of Directors would comprise four ordinary board members and two deputy board members and elected Joakim Andreasson, Magnus Hammarström, Gustaf Martin-Löf and Mattias Fajers as ordinary board members as well as Jacob Langhard Lövstedt and Matilda Taiminen as deputy

Cary Group Holding AB (publ)’s application for de-listing has been approved

Cary Group Holding AB (publ)’s (“Cary Group” or the “Company”) application for de-listing has now been approved by Nasdaq Stockholm. The last day of trading in Cary Group’s share on Nasdaq Stockholm will be 18 October 2022.As previously announced, Cary Group has applied for de-listing of the Company’s shares from Nasdaq Stockholm. Nasdaq Stockholm has now approved the application and resolved that the last day of trading will be 18 October 2022. For more information, please contact: Helene Gustafsson, Head of IR & Corporate CommunicationTel: +46 708 684 050Email: helene.gustafsson@

NOTICE CONVENING THE EXTRAORDINARY GENERAL MEETING OF CARY GROUP HOLDING AB (PUBL)

At the request of the shareholder Teniralc BidCo AB, which after completion of the public cash offer to the shareholders of Cary Group Holding AB (publ), reg.no. 559040–9388 (“Cary Group”) controls approximately 98.8 percent of the share capital and shares in Cary Group, the shareholders of Cary Group are hereby convened to an Extraordinary General Meeting to be held on Friday, October 21, 2022. The Board of Directors has decided that the Extraordinary General Meeting should be conducted without the physical presence of shareholders, representatives or third parties and that the

Cary Group Holding AB (publ) applies for de-listing

Following that CVC Funds and Nordic Capital, through Teniralc BidCo AB (”Teniralc”), controls more than 90 percent of the shares in Cary Group Holding AB (“Cary Group” or the “Company”) and intends to initiate compulsory redemption of the remaining shares in the Company, the Board of Directors of Cary Group has resolved to apply for de-listing of the Company’s shares from Nasdaq Stockholm.On 29 June 2022, CVC Funds and Nordic Capital, through Teniralc, announced a public cash offer to the shareholders of Cary Group to tender any and all shares in Cary Group to Teniralc at a price of SEK 65

Statement by the independent bid committee of Cary Group Holding AB (publ) in relation to the increased public cash offer by Teniralc BidCo AB of SEK 70 per share

The independent bid committee of Cary Group Holding AB (publ) (“Cary Group or the “Company”) unanimously recommends that all shareholders accept the increased offer by Teniralc BidCo AB (“Teniralc”).This statement is made by the independent bid committee of Cary Group pursuant to Section II.19 of Nasdaq Stockholm’s Takeover Rules (the “Takeover Rules”). Background On 29 June 2022, CVC Funds and Nordic Capital, through Teniralc, announced a public cash offer to the shareholders of Cary Group to tender any and all shares in Cary Group to Teniralc at a price of SEK 65 in cash per share (

Statement by the independent bid committee of Cary Group Holding AB (publ) in relation to the public cash offer by Teniralc BidCo AB

The independent bid committee’s of Cary Group Holding AB (publ) (“Cary Group or the “Company”) recommendation to the shareholders with regards to the Offer (as defined below) is dependent on the time horizon for the investment in Cary Group and how risk tolerating investors in Cary Group are. Because the independent bid committee has a strong belief in Cary Group’s growth prospects, the strength of the Company’s current strategy, and the value of the platform established by Cary Group, the independent bid committee believes that the Offer does not reflect the long-term fundamental value of

Rapid sales growth on an expanding market

Second quarter 2022 · Net revenue increased by 81% to SEK 1,050 million (575). Organic growth was 5%. · Adjusted EBITA increased to SEK 168 million (103), corresponding to a margin of 16.1% (18.0). · Profit for the period totalled SEK 100 million (26) and earnings per share, basic and diluted, amounted to SEK 0.75 (1.15). Adjusted earnings per share, basic and diluted, totalled SEK 0.76 (1.50). · Cash flow from operating activities increased to SEK 199 million (53). First half 2022 · Net revenue increased by 74% to SEK 1,805 million (1,032). Organic growth was 6%. ·

Cary Group Holding AB (publ)’s independent bid committee appoints advisers

Following the public cash offer to the shareholders of Cary Group Holding AB (publ) (“Cary Group”), submitted by CVC Funds and Nordic Capital through Teniralc BidCo AB (the “Offer”) yesterday, 29 June 2022, the independent bid committee has appointed financial and legal advisers.The bid committee has appointed Jefferies GmbH[1] as financial adviser and White & Case as legal adviser. The advisers will assist the bid committee in its assessment of the Offer. Further, the bid committee will obtain an independent fairness opinion. The independent bid committee representing Cary Group in

The Board of Cary Group Holding AB (publ) confirms having received a public cash offer of SEK 65 per share from CVC Funds and Nordic Capital

CVC Funds and Nordic Capital, through Teniralc BidCo AB (“Teniralc”), earlier today announced a public cash offer to the shareholders of Cary Group Holding AB (publ) (the “Company” or “Cary Group”) to tender any and all shares in Cary Group to Teniralc at a price of SEK 65 in cash per share (the “Offer”). The Board of Directors of Cary Group has, following the Offer, appointed an independent bid committee.Summary of the Offer: · Teniralc offers SEK 65 in cash per share in Cary Group (the “Offer Price”). · The Offer values the total number of shares in Cary Group to approximately SEK

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