Saint-Gobain divests its glass processing business in Switzerland

Saint-Gobain divests its glass processing business in Switzerland
Photo source
Saint-Gobain Glass

Date: 31 March 2023

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. 

600450 Saint-Gobain divests its glass processing business in Switzerland glassonweb.com

See more news about:

Others also read

In the intricate world of glass manufacturing, precision, and quality assurance stand as pillars of success.
Glaston Corporation’s member of the Executive Leadership Team and SVP Services, Artturi Mäki, has decided to leave the company on 30 April 2024 to pursue new opportunities outside Glaston. Mäki joined Glaston in 2016.
IGE continues to grow both in innovative products and experienced leaders for the glass fabrication industry.
Glass Industry Manufacturer and Supplier Secures Industry Figurehead to Lead Marketing, Advertising and Education Initiatives for Frameless Hardware Co. (FHC)
Quanex Building Products announced it will acquire Tyman, a London-based producer of fenestration components and access solutions.
The Ain Sokhna float plant in Egypt will see its capacity increased with the construction of a second flat glass production line.

Add new comment

From industry