Jamieson is pleased to announce that it has advised the management team of Belron SA on the new equity incentive plan to be implemented as part of CD&R\u2019s investment in the business.<\/p>\n
Belron is the world leader in vehicle glass repair and replacement. The company has 26,000 employees and operates in 34 countries through a number of brands including Carglass, Safelite and Autoglass.<\/p>\n
CD&R are acquiring a 40% equity stake in Belron, with the remaining 60% remaining with current shareholders. D\u2019Ieteren SA, a listed Belgian entity with interests in a number of automotive businesses, will remain Belron\u2019s majority shareholder. The deal, which is subject to competition and regulatory approvals, values the business at \u20ac3bn.<\/p>\n
The Jamieson team, led by Stuart Coventry<\/a>, Andrew Cox<\/a> and Gus Gayford<\/a>, advised management on the economic and commercial terms of the team\u2019s investment alongside D\u2019Ieteren and CD&R.<\/p>\n","protected":false},"featured_media":3217,"template":"","deal-size":[81],"deal-location":[15],"deal-sector":[95],"deal-service":[94],"class_list":["post-4178","deals","type-deals","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"\n