Saint-Gobain Divests Its Glass Processing Business in Switzerland
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.
The 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.
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Saint-Gobain has sold the Swiss Glassolutions business to AEQUITA of Germany.
Published:
06/04/2023
