SAINT-GOBAIN DIVESTS PART OF ITS GLASS PROCESSING BUSINESS IN GERMANY
Saint-Gobain has sold part of its glass transformation business Glassolutions
in Germany to DIK Deutsche Industriekapital GmbH, a Berlin-based investment
The divestment concerns seven sites: Bremen, Flensburg, Freiburg, Kiel, Murr,
Potsdam and Rostock. These sites employ a total of 350 people and delivered
sales of EUR45 million in 2019.
Saint-Gobain Glassolutions will remain present in Germany through its large
glass transformation sites for industrial clients in particular, as well as its
sites with specific areas of expertise such as in solar glass or curved glass.
This disposal is part of Saint-Gobain's continued portfolio optimization
strategy in the context of its new organization to enhance the Group's growth
and profitability profile.
Saint-Gobain designs, manufactures and distributes materials and solutions
which are key ingredients in the wellbeing of each of us and the future of all.
They can be found everywhere in our living places and our daily life: in
buildings, transportation, infrastructure and in many industrial applications.
They provide comfort, performance and safety while addressing the challenges of
sustainable construction, resource efficiency and climate change.
EUR42.6 billion in sales in 2019
Operates in 68 countries
More than 170,000 employees
For more information about Saint-Gobain
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