Safelite Group Inc. said Friday it has purchased North Andover-based Giant Glass Co. for an undisclosed sum. The sale, rumored for more than a week, was completed Monday, ending 34 years of local ownership by Dennis Drinkwater and Lance Cramer.

“I am proud of the company that my business partner, Lance, and I have built,” Drinkwater said in a statement. “We have a strong customer base and excellent employees, and we wanted both of them to be well taken care of in the future. We trust that Safelite will take care of them both.”