on SAINT-GOBAIN (EPA:SGO)
Saint-Gobain Divests Brüggemann to Köster Group
Saint-Gobain has announced the signing of a definitive agreement to sell Brüggemann, a German specialist in prefabricated solutions, to the Köster Group. Brüggemann, which employs 190 people, generated revenues of approximately €55 million in 2024. The company operates a plant in Neuenkirchen, Germany.
The transaction aligns with Saint-Gobain's strategy to optimize its business profile as part of its "Grow & Impact" plan. The Köster Group is a leading name in German construction, offering services from planning to turnkey construction.
The deal, expected to close by the end of 2025, follows joint developments between Saint-Gobain and Brüggemann, enhancing Saint-Gobain's role as a preferred partner for prefabrication solutions.
R. H.
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