Fleet News

Kwik-Fit buys Silver Shield Screens

THE Kwik-Fit Group has announced the acquisition of Coventry-based automotive glass repairer and replacement firm Silver Shield Screens Ltd, a subsidiary of the Silver Shield Group. The purchase price is £6 million, plus a further £2 million dependent on 'the company's future performance'.

The acquistion is expected to be completed early next year, subject to shareholder approval. Silver Shield Screens operates through 57 branches and 225 company owned and franchised mobile fitting vehicles.

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