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History
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Innovation is based on tradition.
EurotaxGlass's has a long tradition in the automotive market. Eurotax and Glass's Information Services merged in December 2000 to create EurotaxGlass's International AG. The resultant company today leads the field in the provision of automotive data, software solutions and business services. Pan-European know-how, consistent and comparable international data and innovative solutions provide a secure point of reference in a complex market. Our vision: one stop, pan-European automotive business intelligence. Your advantage: information and solutions to support dynamic business activity.
1930s
In 1933 William Glass publishes “Glass's Guide to Car Values” for the first time. This publication quickly becomes the “Bible” of the UK motor trade.
1950s
Hanns W. Schwacke applies the same simple and successful idea in Germany. His price list for used cars becomes the first of its kind in continental Europe. Parallel to this, Glass's enters the Australian market.
1960s
Schwacke expands the business in Europe. Under the international brand “Eurotax”, subsidiaries are established in Belgium, the Netherlands, Italy, Austria and Switzerland, providing local car dealers and insurers with universally valid vehicle residual values. Glass's launches used valuation guides for commercial vehicles and motorcycles in the UK.
1970s
The first calculation system for repair costs offers the retail trade detailed information on parts prices and labour costs for all makes and models. Even minor damage now can be taken into account in used car trade-ins.
1980s
The information revolution takes off – the PC transforms the workplace. Eurotax and Glass's recognise that new technology lends itself to the provision of even more comprehensive information and to the application of more demanding calculation methods. The first Autowert workplace software is installed. Autowert becomes the standard for over 15,000 dealers and over 50,000 users across Europe. Glass's introduces the PC version of the Glass'sGuide and acquires Editions Professionelles Glass SARL (EPG), France.
1990s
The Eurotax and Glass's data becomes industry standard and is used by European governments to drive national registration systems. New, innovative solutions and systems for the industry are created to support mechanical and accident repairs, forecasts of future residual values and bodywork construction management.
2000
Eurotax and Glass's merge to create the European market leader in automotive business intelligence.
2006
EurotaxGlass’s has been acquired by Candover from HM Capital Partners LLC (formerly Hicks, Muse, Tate and Furst Incorporated), for an enterprise value of €480 million. Candover, a leading European buyout specialist, brings extensive experience of investing in organisations offering data, solutions and business intelligence.
In December 2007 Candover appoints Alastair MacLeod to the role of CEO who then sets up a new management team. Kevin Gaskell steps up to become the President of the group.
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The Company
The Group
