Saint-Gobain divests its glass processing business in Switzerland

Saint-Gobain divests its glass processing business in Switzerland
Photo source
Saint-Gobain Glass

Date: 31 March 2023

Saint-Gobain has signed a binding agreement for the sale of its glass processing business Glassolutions in Switzerland to the privately-owned German group AEQUITA.

The business generated sales of around €25 million in 2022 and employs approximately 70 people at its production site in Kreuzlingen.

This transaction, expected to close by the end of May 2023, is part of Saint-Gobain's continued business profile optimization strategy, in line with the "Grow & Impact" strategic plan. 

600450 Saint-Gobain divests its glass processing business in Switzerland glassonweb.com

See more news about:

Others also read

Saint-Gobain Glass has been named the winner of the ‘Sustainability initiative of the Year’ category at the prestigious G24 awards.
Schwennsen was elected Chancellor by members of the College of Fellows and is the first woman to serve as both AIA President (2005-06) and Chancellor of the College of Fellows.
The AGC Group have taken another significant step toward sustainable glass production by becoming members of Glass Futures.
TUROMAS announces VETROTEC as a new sales agent in Valencia, Murcia, Albacete and the Canary Islands.
Lee, a multi-faceted design leader who uniquely blends her architectural background with a technology-driven focus, was inaugurated as the 101st AIA President at a ceremony December 13, 2024.
NGA's latest release offers voluntary guidance for specification

Add new comment

From industry