Saint-Gobain divests its glass processing business in Switzerland

Saint-Gobain divests its glass processing business in Switzerland
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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

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