Top Stories from glassBYTEs.com™
These were the most-clicked stories since the last issue of AGRR™ magazine. If you’d like to stay up to date on all the AGRR industry news, sign up for AGRR™ magazine’s free business-day e-newsletter at glassBYTEs.com™.
1 Safelite Acquires TruRoad—owner of J.N. Phillips, TechnaGlass, Harmon and Strategic Claims
Safelite Group (Safelite), owner of Safelite AutoGlass, has acquired the combined b usinesses of TruRoad. TruRoad owns several businesses that include: JN Phillips Auto Glass, TechnaGlass, Windshield Centers, Carolina Windshield Centers, and Harmon AutoGlass service brands and StrategicClaim software and services business unit. Visit glassBYTEs.com and enter “Safelite Acquires TruRoad” into the News Archive Search box on the right hand side of the page.
2 Safelite CEO Talks about Latest Acquisition and More
Feeney, spoke with AGRR/glassBYTEs.com’s Deb Levy about a variety of topics including the company’s TruRoad acquisition. Feeney also said there was absolutely no truth to the rumors of a possible acquisition of Glass America. Visit glassBYTEs.com and enter “Safelite CEO” into the Search box.
3 Fuyao Documentary Sparks Company Response
Fuyao Glass America (FGA) issued a response to “American Factory,” a documentary released on Netflix, that followed Fuyao, an automotive glass maker, as it opened a U.S. plant in Moraine, Ohio, at the site of the former GM plant. Visit glassBYTEs.com and enter “Netflix” into the Search box.
4 Acquisition Announcement Generates Industry Reactions
When Safelite announced its acquisition of TruRoad and its combined businesses various news outlets and social media sites have responded to the news, creating a bit of a buzz both nationally and internationally in the auto glass repair and replacement industry.
Visit glassBYTEs.com and enter “Acquisition Announcement Generates” into the Search box.
5 Analysis: Sizing Up A Shifting Market with Safelite’s Latest Acquisition
The U.S. auto glass repair and replacement market is increasingly concentrated in some respects but highly fragmented outside of a few major players. Those major players have, in recent years, overtaken large shares of the market through mergers and acquisitions. The largest major player—Safelite Group— made yet another big splash that shifts market share even further in its favor. Visit glassBYTEs.com and enter “Market share” into the search box.
