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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

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