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

Meet the 2026 keynote theater lineup. Three powerhouse speakers. One brand-new stage.
The Glass & Glazing Federation (GGF) is inviting applications Vice-Federation President, offering an experienced industry leader the opportunity to help shape the future of the Federation before progressing to the Presidency.
NovaSklo Trade, a project of the Ukrainian investment and industrial holding EFI Group, has signed an exclusive distribution agreement with NSG Group, one of the world's leading manufacturers of architectural glass.
The VOLTA pilot furnace marks a decisive milestone in the demonstration of hybrid melting for flat glass, following one full year of continuous operation.
CONSTRUTEC, VETECO, SMART DOORS and PISCIMAD, the trade fairs taking place from 10 to 13 November 2026 at IFEMA MADRID, have now launched ticket sales for trade visitor registration.
Emplas has become the latest big name to sign-up to Glass and Glazing Federation membership.

Add new comment

From industry