Vehicle Glass Repair and Replacement
Anders Jensen, CEO
Joakim Rasiwala, CFO
Chairman of the Board
The company was founded in Sundsvall, Sweden by the Ryd family in 1947. Today, Cary Group has grown to become a market leader in the Nordics with a growing presence in Europe with over 520 workshops and circa 400 mobile units in Scandinavia, UK and Spain, with brands such as Ryds Bilglas, Svenska Bussglas, Mobile Windscreens, Crashpoint, Cary and Ralarsa. The European market for vehicle glass repair and replacement is rapidly growing as a result of a new generation of cars with more glass surface, more technical safety features and an increased number of kilometers driven.
Cary Group honours its heritage with a sustainable business model based on the aim to repair instead of replace, providing car care services that sustain the life, value and safety feature of motorized vehicles. The Company provides services at convenient locations, with high quality, superior customer experience and smart solutions.
Nordic Capital’s aim is to support Cary Group’s continued growth strategy through further investments to strengthen its organisation, commercial excellence work, international expansion and operational improvements to enable sustainable car care.
Cary Group was listed on the Nasdaq Stockholm exchange in September 2021. Nordic Capital remains a significant shareholder in the company with approximately 30% of the shares (as per September 2021).
Industrial & Business Services
EUR 210 million
Nordic Capital Fund VIII, controlling shareholding