Central Glass Co. Ltd., a parent company of Carlex Glass Co., has resolved to conclude a share transfer agreement to acquire all of the outstanding shares of two subsidiaries of Guardian Industries Corp.—Guardian Automotive Products, Inc. (GAPI), headquartered in Sterling Heights, Mich., and Guardian Automotive-E S.A. (GA ESA), headquartered in Luxembourg.

This transaction by Central Glass Co. Ltd. includes three automotive glass manufacturing sites and the GAPI headquarters. The glass plants are located in Auburn, Ind.; Ligonier, Ind.; and Grevenmacher, Luxembourg. Central Glass Group plans to operate the acquired businesses under the Carlex name.

Central Glass says the acquisitions will provide wider OEM and aftermarket production capabilities and an expanded line of products for distribution to the aftermarket, advanced solution capabilities and a broader customer base of global original equipment manufacturers. It also provides Carlex with the ability to expand its presence in Europe. Closing of the transaction is subject to certain regulatory approvals and customary closing conditions.

Currently, Carlex provides original equipment glass and replacement glass for a variety of OEM automakers and the aftermarket. Carlex products include windshields, sidelites, backlites and sunroofs.