Belron welcomes new shareholders

Belron is pleased to welcome its new shareholders Hellman & Friedman, BlackRock Private Equity Partners and GIC to the company following today’s announcement that they have completed the acquisition of a combined stake of 16.8% in Belron, up from the 13% shareholding anticipated in the announcement of 12 July 2021.

Commenting on the completion of the share sale, Gary Lubner, Belron Chief Executive, said:

“We look forward to working with our new shareholders and thank them for the confidence that their investment demonstrates in us. Our partnership with our existing shareholders D’Ieteren and Clayton, Dubilier & Rice (CD&R) has been productive and supportive, and we anticipate working in a similarly positive manner with shareholders in the future. We continue to invest in and grow the business for the long term based on our values, our strong commitment to excellence and our determination to provide customers with a first-class service. We are well positioned to benefit from the structural growth in the market coming from increasing windscreen technology and complexity.”

Share on whatsapp
Share on email
Share on facebook
Share on linkedin

Last entries

We are pleased to announce a key renewal of our agreement with our partner PG

We have jointly decided to terminate our contract with our franchise Partner in Dubai, with

The impact of the devastating earthquakes in Turkey and Syria has been truly shocking and

Following an extremely successful two decades under Gary Lubner, Belron announces the appointment of Carlos

Commitment Letter Marks the First Step Towards Science-Based Greenhouse Gas Emissions Reduction Targets Belron, the

Long-running annual charity event supporting disadvantaged young people in South Africa, held in person and