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will seek to further leverage its global scale in key functional areas<br />
while also sharing best practices both with the Safelite business<br />
and from Safelite across its global operations.<br />
Safelite Group Inc. had sales of around USD 592 million (EUR 457<br />
million) for the year ended 31 March 2006 and is the only provider<br />
in the United States with a fully integrated business model<br />
that comprises vehicle glass repair and replacement operations,<br />
vehicle glass claims management, vehicle glass manufacturing<br />
and wholesale distribution services.<br />
Safelite provides the most extensive company-owned vehicle glass<br />
repair and replacement operations in the US, covering 93% of the<br />
population. With around 3,500 fi eld-based associates and around<br />
2,200 mobile service vehicles, the company’s national operations<br />
perform more than 2.2 million vehicle glass repairs and replacements<br />
annually. Safelite also holds an industry-leading position in<br />
outsourced vehicle glass claims management. Supported by two<br />
national call centres, and an extensive technology platform directly<br />
linked to its clients, Safelite provides complete and tailored claims<br />
processing solutions for more than 100 insurance carriers and<br />
fl eet management companies, including multi-year contracts with<br />
the major ones. Coupled with the company’s extensive national<br />
network of more than 10,000 affi liates and its reputation for the<br />
highest levels of service in the industry, Safelite processes approximately<br />
4 million transactions annually.<br />
chain system also enables it to sell approximately 1 million wholesale<br />
glass units annually to independent third party glass shops<br />
and other distributors.<br />
The acquisition by Belron of this large, profi table and well run company<br />
brings Belron’s sales close to the EUR 2 billion mark – a greater<br />
than twofold increase since its acquisition by D’Ieteren in 1999 –<br />
and enhances its profi ts, thereby validating D’Ieteren’s strategy of<br />
strengthening its own stake in Belron.<br />
The company’s manufacturing and distribution operation provides<br />
Safelite with guaranteed supply, effi cient procurement and logistical<br />
support. This highly fl exible and scalable model consists of<br />
1 manufacturing facility and 81 warehouses. The company’s supply<br />
44 D’IETEREN - ANNUAL REPORT 2006