Saint-Gobain divests its glass processing business in Slovakia

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

Date: 4 September 2023

Saint-Gobain has completed the sale of its glass processing business Glassolutions in Slovakia, to “Glasora a.s.”.

The Business, with its industrial plant located in Nitra-Chrenovà, generated sales of around €20 million in 2022 and employs 150 people.

This transaction 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 Slovakia glassonweb.com

Others also read

Vitro Architectural Glass is continuing its commitment to glass education, artistic innovation and Pittsburgh’s glassmaking heritage. For the sixth consecutive year, the company will sponsor Pittsburgh Glass Center’s Art on Fire Celebration + Auction, the organization’s signature fundraising event.
The Glass & Glazing Federation (GGF) has announced Clever Bean Accounting as its newest Member Benefit Partner, giving members access to specialist financial expertise designed specifically for businesses operating within the glazing, window, door and home improvement sector.
Christian Decker succeeds Bernhard Hötger as CEO. Bernhard Hötger is set to retire on 30 September 2026.
Saint-Gobain and AGC are joining forces to deploy a world-first, large-scale hybrid electric furnace at Saint-Gobain's Avilés plant in Spain, set to cut CO₂ emissions from flat glass production by around 50%.
The SANCO Group is continuing its expansion across Europe. With WOLF Fenster AG in South Tyrol, Italy, the alliance welcomes a long-established, highly innovative new partner.
Saint-Gobain reported a return to growth across all Regions in the first half of 2026, with robust second-quarter momentum, an EBITDA margin of 15.4%, and continued progress on its "Lead & Grow" strategy.

Add new comment

From industry