Latest News in Auto Glass
June 12, 2007Officials at Diamond Glass, Kingston, Pa., and Belron US, Columbus, Ohio, announced June 12 that the two companies have agreed to settle the Diamond Triumph Auto Glass vs. Safelite Group lawsuit. Both companies agreed it was time to resolve their differences and work together to better align themselves as active leaders in the industry, according to the PRNewsWire release.
UPDATE: AGC Sells U.S. Commercial Fabrication Division; Restructures to Focus on Glassmaking and CoatingsAGC Glass Company North America, a leading manufacturer of glass and glass-related products, announced Dec. 30 the sale of the assets of its U.S. Commercial Fabrication business unit to Trulite Glass Solutions LLC.AGC holds a leading position in primary products, and will continue to focus on the core strength of the business in manufacturing glass and innovating new coating technologies. In...
Officials from Trulite Glass & Aluminum Solutions LLC today announced the company has acquired the U.S. commercial fabrication assets of AGC Glass Company North America Inc. AGC’s residential assets are not part of the acquisition and will be retained by AGC. Financial terms of the private transaction were not disclosed. “This acquisition will allow Trulite to continue to better serve...
Officials from Saint-Gobain announced it acquired a controlling interest in Sika for $2.8 billion. Saint-Gobain purchased the controlling share—16.1 percent of Sika’s capital and 52.4 percent of its voting rights— in a confidential auction process from the Burkard-Schenker family, which owns the majority stake in Sika, according to a Dec. 8 Reuters report.“Given the proximity of Sika’s activities...