We advised Carlex Glass America, a subsidiary of Japan-based, publicly-held Central Glass Co., Ltd., in its acquisition of Guardian Industries Corp.: Guardian Automotive Products, Inc. (GAPI), formerly headquartered in Sterling Heights, Michigan, and Guardian Automotive-E S.A. (GA ESA), formerly headquartered in Luxembourg.
This transaction includes three automotive glass manufacturing sites and the GAPI headquarters. The glass plants are located in Auburn, Indiana; Ligonier, Indiana; and Grevenmacher, Luxembourg.
All of the newly acquired companies will operate as Carlex, effective immediately, and the headquarters of Carlex will remain in Nashville.
Carlex Glass America is a manufacturer of automotive glass products for original equipment manufacturers and for the automotive replacement market in North America.