Auto Windscreens, the automotive glazing service provider, has announced that its owner ARQUES Industries AG has sold its stake in the company to a new majority shareholder. MOGUNITA invest GmbH, controlled by Christian Daumann, will now lead the Company as the majority shareholder.

The existing Managing Director of Auto Windscreens, Peter Fox, will stay on as will all the existing management structures and it’s business as usual. Established in 1971, Auto Windscreens operates a 94-strong fitting centre network with a fleet of more than 600 mobile units and is a major supplier to many of the contract hire leasing companies as well as private customers.