Saint-Gobain divests several glass processing businesses in Germany and Austria
Saint-Gobain has entered into agreements for the sale of its glass processing businesses Eckelt Glas and Glas Ziegler in Austria to the privately-owned German group AEQUITA, as well as the sale of its holding in the co-venture Glaskontor Erfurt – a glass processing business in Germany – to the CALEOGLAS Group.
The closing of all these transactions is expected by the summer 2022.
Together, these businesses generated sales of around €55 million in 2021 and employ more than 320 people.
These transactions are part of Saint-Gobain’s continued business profile optimization strategy, in line with the “Grow & Impact” plan objectives.
Published:
02/06/2022
