Ryds Bilglas, Sweden’s leading player in vehicle vehicle glass repair and replacement and part of Cary Group, has signed an agreement to acquire a majority stake in the auto repair workshop AB Mölnlycke Lackerings- och Karosseriverkstad.

This becomes Ryds Bilglas' eleventh acquisition within the collision repair industry in Sweden and marks an important step in the company's ongoing focus on panel and paint repairs. The acquisition is planned to be completed on September 1, following the signing of the agreement in July.
MLK is a well-established player in the industry and has operated in the Gothenburg region since the 1960s. The company offers a wide range of services within maintenance, painting, and bodywork for all types of vehicles. Through partnerships with several insurance companies and a long history of high-quality solutions, MLK has built a strong reputation and position in the region.

“Bringing AB Mölnlycke Lackering Karosseri & Serviceverkstad on board as a partner is a major step forward for our operations. Their extensive experience, high quality, and strong collaboration with insurance companies make this an excellent match for Ryds Bilglas. We are excited to work together with Björn and his team to strengthen our offering and deliver the quality and service that our customers expect, with their expertise”, says Gustav Wingstrand, Car Collision Manager at Cary Group.

MLK currently has 24 employees working in bodywork, painting, maintenance, and administration. Björn Larsson, who has managed the company since 1996, will remain as manager and co-owner to continue leading the operations forward.

"This partnership is an exciting step for us at MLK. Over the years, we have built a strong local presence and established close collaborations with our customers and insurance companies. Becoming a part of Ryds Bilglas now provides additional resources and expertise that will allow us to grow and develop even further as a company. I look forward to leading our fantastic team through this exciting period," says Björn Larsson, manager and owner of AB Mölnlycke Lackering Karosseri & Serviceverkstad.

 

For more information, please contact:

Gustav Wingstrand, Car Collision Manager, Cary Group
Tel: +46107888283

Helene Gustafsson, Director Communications, Cary Group
Tel: +46 708 684 050
Email: helene.gustafsson@carygroup.com

 

About Cary Group
Cary Group specialises in sustainable solutions for vehicle glass repair and replacement, with a complementary offering in vehicle damage repair. With good accessibility, high-quality products and smart solutions, we help our customers make simplified and sustainable choices. We call it Smarter solutions for sustainable car care. For more information, please visit www.carygroup.com.