Cary Group’s Acquisition of Charles Pugh Holdings

In UK Browne Jacobson, advised on the matter.

Browne Jacobson advised Charles Pugh Holdings with a team including Richard Cox (Picture – Corporate M&A).

Charles Pugh Holdings has been sold to Swedish listed company, Cary Group for an undisclosed sum.

Family run business Charles Pugh was founded in 1917 and is headquartered in the Midlands. The business employs over 500 people and operates 28 vehicle glass repair and replacement workshops and 190 mobile units. It also has a wholesale business where it sells vehicle glass to a large client base dotted across the UK.

Cary Group, which is certified as climate neutral specialises in sustainable car care solutions for repair and replacement of vehicle glass to the European market. The business employs 1,500 people across its 929 workshops and mobile units which are located in Sweden, Denmark, Norway, Spain and the UK.

The deal was led by Browne Jacobson partner and head of the firm’s corporate finance practice, Richard Cox (Picture) and senior associate, Sam Sharp.

Involved fees earner: Richard Cox – Browne Jacobson; Sam Sharp – Browne Jacobson;

Law Firms: Browne Jacobson;

Clients: Charles Pugh Holdings;

Author: Giulia Di Palma