A proven track record of entrepreneurship
and exceptional value creation

Through its historical family shareholding in the D’Ieteren Group, SPDG contributed building two European platforms into category leaders.

A closer look at Belron

Following its acquisition in 1999, SPDG helped Belron to become the global leader in vehicle glass repair, achieving a 25-fold increase in value over 25 years. Patient family capital supported the build-up through more than a thousand acquisitions.

“Over the first 20 years of ownership, we worked closely with Belron’s management team to grow market share in countries where the business was already present, to expand into new territories and technologies, such as ADAS.”
Olivier Périer, Co-CEO

A closer look at PHE

More recently, after being acquired by the D’Ieteren Group, Parts Holding Europe (PHE) grew into a major European platform through regular bolt-on acquisitions.

“Building on our experience of exceptional value creation within the D’Ieteren Group, we will continue a highly structured search for strong operational teams and companies active in sectors linked to sustainable development.”
Denis Pettiaux, Co-CEO

The consistent SPDG approach

Across Belron and PHE, the SPDG approach has been consistent: culture preserved, management retained and empowered, profits reinvested in long-term growth and a hands-on focus on quality. We carry this industrial and operational expertise into every new investment.

A track record of patient ownership and exceptional value creation.