Saint-Gobain announced the sale of certain glass processing businesses as part of its business profile optimization strategy

Saint-Gobain announced the sale of certain glass processing businesses as part of its business profile optimization strategy

(PRESS RELEASE) COURBEVOIE, France, 27-May-2022 — /EuropaWire/ — Saint-Gobain (EPA: SGO), a French multinational producer of construction, high-performance, and other materials, has announced the sale of certain glass processing businesses in Germany and Austria. In Germany, the company has agreed to the sale of its holding in the co-venture Glaskontor Erfurt to the CALEOGLAS Group. In Austria, the company has sold its glass processing businesses Eckelt Glas and Glas Ziegler to AEQUITA, a privately-owned German group.

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.

Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and 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 decarbonization of 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”.

€44.2 billion in sales in 2021
166,000 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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SOURCE: Saint-Gobain