Belron, the parent company of Safelite, Autoglass, and Carglass, is exploring a potential initial public offering of its automotive glass repair and replacement business.

The company, which operates under the Safelite brand in the U.S., Autoglass in the U.K., and Carglass across Europe, has begun preliminary discussions with financial advisors about a possible listing, according to people familiar with the matter.

The automotive glass services market has seen strong demand in recent years, driven by increasing vehicle complexity and the need for specialized repair equipment. Belron's network spans multiple continents, positioning it as a major player in the sector.

A potential IPO could value the business at several billion dollars, though no final decisions have been made and timing remains uncertain. The company has not yet commented publicly on the reported plans.