Elvinger Hoss Prussen represented SA D’Ieteren NV (D’Ieteren) in its acquisition of (non-voting) preference shares held by Clayton, Dubilier & Rice (CD&R) in Belron, a Luxembourg based joint venture of D’Ieteren and CD&R, for a total (book) value of €150 million.
Belron is the worldwide leader in vehicle glass repair and replacement, with market leading brands including Carglass, Safelite, and Autoglass.
The team was led by partner Thierry Kauffman.
