Saint Gobain Or Regulatory News (COD)

RNS Number : 8378U

Compagnie de Saint-Gobain

30 March 2023

 

 

 

SAINT-GOBAIN DIVESTS ITS GLASS PROCESSING BUSINESSIN SWITZERLAND

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.

 

ABOUT SAINT-GOBAIN

Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufacturesand distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonizationof construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group's commitment is guided by its purpose,"MAKING THE WORLD A BETTER HOME".

€51.2 billion in sales in 2022

168,000 employees, locations in 75 countries

Committed to achieving Carbon Neutrality by 2050

 

For more information about Saint-Gobain,

visit www.saint-gobain.com and follow us on Twitter @saintgobain

 

 

 

 

 

 

 

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