An acquisition to conquer the French market
Cary Group, a company featured in theOdyssey Vintage Altaroc Odyssey , has just announced the acquisition of the French company 123 Pare-Brise. Founded in 2020, 123 Pare-Brise operates an integrated network of 129 repair shops across France and generates annual revenue of approximately 100 million euros thanks to its roughly 900 employees. Based in Marquette-lez-Lille and Bourgoin-Jallieu, the company stands out for its direct-to-consumer business model and the quality of its services.
This acquisition is part of Cary Group's strategy to consolidate its position in Europe and invest in high-potential markets. "France represents a key axis for our development. 123 Pare-Brise, with its rapid growth and efficient network, fits perfectly into our vision," said Anders Jensen, CEO of Cary Group.
An accelerated expansion path in Europe
For several years, Cary Group has been multiplying acquisitions to strengthen its presence on the continent. In addition to France, the group has expanded its network through strategic operations in Belgium, Denmark, Portugal, Spain and Germany, thus consolidating a still fragmented European market.
The acquisition of 123 Pare-Brise completes a list of key platforms such as Auto Cristal Ralarsa in Spain, Expressglass in Portugal and Zentrale Autoglas in Germany, allowing Cary Group to achieve a European scale unmatched in this sector .
A collaboration with a promising future
The founders of 123 Pare-Brise, Norbert Sibert, Alberic Bienvenu and Ludovic Vaesken, will remain at the helm of the company to ensure the continuity of its activities and its future growth. "This collaboration with Cary Group will allow us to accelerate our development and enrich our services thanks to their expertise and resources," they said.
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