Saint-Gobain Sells Part Of Its Glass Processing Business In Germany
This is a press release from Saint-Gobain:
Saint-Gobain announces the sale of Saint-Gobain Glassolutions Objekt-Center, which specializes in glass processing operations as part of the Glassolutions network in Germany, to the German privately-owned AEQUITA group based in Munich.
This sale concerns two sites: Döring Berlin and Radeburg, which employ a total of almost 200 people and generated €20 million in sales in 2020. AEQUITA already purchased the operations of Glassolutions in the Netherlands in 2019.
This transaction is part of Saint-Gobain’s continued portfolio optimization strategy to enhance the Group’s growth and profitability profile.
Saint-Gobain designs, manufactures and distributes materials and solutions for the construction, mobility, healthcare and other industrial application markets. Developed through a continuous innovation process, they can be found everywhere in our living places and daily life, providing wellbeing, performance and safety, while addressing the challenges of sustainable construction, resource efficiency and the fight against climate change. This strategy of responsible growth is guided by the Saint-Gobain purpose, “MAKING THE WORLD A BETTER HOME”, which responds to the shared ambition of all the women and men in the Group to act
every day to make the world a more beautiful and sustainable place to live in.
€38.1 billion in sales in 2020
More than 167,000 employees, located in 70 countries
Committed to achieving Carbon Neutrality by 2050
About Aequitas Group:
“We develop concepts for the entire spectrum of business management. Our long-standing clientele includes companies of various legal forms, sizes and industries. The knowledge of industry-standard process flows is one of the most important prerequisites for the optimal support of our customers. Practical knowledge, sound qualifications and many years of experience are the key to successful project management”.
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