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Compagnie St-Gobain (COD)

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Tuesday 01 June, 2021

Compagnie St-Gobain

Disposal

RNS Number : 2988A
Compagnie de Saint-Gobain
01 June 2021
 

PRESS RELEASE

 

 

May 31, 2021

 

 

SAINT-GOBAIN SELLS PART OF ITS GLASS PROCESSING BUSINESS IN GERMANY

 

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.

 

 

ABOUT SAINT-GOBAIN

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

 

For more information about Saint-Gobain ,

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

 

 

 

Analyst/Investor relations

 

 

Press relations

Vivien Dardel

Floriana Michalowska

Christelle Gannage

+33 1 88 54 29 77

 +33 1 88 54 19 09

 +33 1 88 54 15 49

Patricia Marie

Bénédicte Debusschere

Susanne Trabitzsch

+33 1 88 54 26 83

+ 33 1 88 54 14 75

+33 1 88 54 27 96

       
 

 

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