Belron shareholders weigh minority-stake options while company explores listing

First-half pretax profit reaches €526.1 million as sales rise 4.7%

Belron, the windscreen replacement and repair company behind Autoglass, Carglass and Safelite, is exploring strategic options for the business, including a potential stock market listing.

D’Ieteren, the Belgian investment group that owns a majority stake in Belron, said Wednesday that Belron shareholders are evaluating options regarding minority shareholder stakes. D’Ieteren said no decision has been made.

D’Ieteren also said Wednesday that it “reaffirms its long-term commitment to Belron.”

Belron reported a pretax profit of €526.1 million ($612.1 million) in the first six months of 2026. Sales rose 4.7% from a year earlier to €3.57 billion, buoyed by strong growth in North America, the company’s largest sales market.

Belron employs around 32,000 people globally and operates in 42 countries through a mix of wholly owned businesses and franchises. Its brands include Autoglass in the U.K., Carglass in Europe and Safelite in the U.S.

Carlos Brito, a former chief executive officer of AB InBev, leads Belron as chief executive officer. Humphrey Singer, Belron’s chief financial officer, previously served as finance chief at Marks & Spencer.

D’Ieteren bought a majority stake in Belron in 1999 from the founding family and South African Breweries. The investment group sold a 40% stake to U.S. private-equity firm Clayton Dubilier & Rice in 2018.

D’Ieteren retains a 50.3% holding in Belron, while Clayton Dubilier & Rice holds 20.4%. Hellman & Friedman, Singapore sovereign wealth fund GIC and asset manager BlackRock hold 18.2%. Management, employees and the founding family hold 11%.