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Cary Group

Vehicle Glass Repair and Replacement

Cary Group is a European market leader specialising in sustainable solutions for repair and replacement of vehicle glass, with a complementary offering in auto body repair.

Company Background

  • A market leader in the Nordics with a growing presence in Europe
  • Sustainable business model based on the aim to repair instead of replace
  • Rapidly growing demand for vehicle glass repair and replacement in Europe

Vision & Outlook

Support Cary Group’s continued growth strategy through further investments and consolidation of the European market

Continue to provide car care services that sustain the life, value and safety feature of motorized vehicles in a sustainable way

Highlights & Updates

  • Successfully listed on the Nasdaq Stockholm exchange in September 2021
  • Acquisition of Charles Pugh Holdings to strengthen market position in the UK in 2022
  • Commitment to set targets in line with the Science Based Targets initiative, underlining Cary Group's determination to reduce greenhouse gas emissions
Cary Group Green Rgb

SECTOR

Industrial & Business Services

REVENUES 2021

EUR 210 million

EMPLOYEES

1,345

OWNERSHIP

Fund VIII

HEAD OFFICE

Sweden

INVESTMENT DATE

2018

MANAGEMENT

Anders Jensen

CEO

Joakim Rasiwala

CFO

CHAIRPERSON

Juan Vargues

RESPONSIBLE ADVISOR

Andreas Näsvik

Partner | Head of Industrial & Business Services | Head of Sweden