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Pilkington buys US assets of Autostock Distribution

UK glass giant Pilkington PLC said it has agreed to acquire the US assets of Autostock Distribution for USD 18 million.
Autostock Distribution supplies auto glass and other products for a range of ve…

UK glass giant Pilkington PLC said it has agreed to acquire the US assets of Autostock Distribution for USD 18 million. Autostock Distribution supplies auto glass and other products for a range of vehicles from 21 sites across the US. Pilkington Group chief executive Stuart Chambers said the acquisition was another step in the firm“s transition to Stage 3 of its three-stage “cash for growth“ strategy – identifying opportunities for profitable growth in the company“s existing businesses.

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