LONDON, UK: Saint-Gobain announced the sale of Saint-Gobain Glassolutions Objekt-Center, which specializes in glass processing operations as part of the Glassolutions network in Germany, to the German privately-owned AEQUITA group based in Munich.
This sale concerns two sites: Döring Berlin and Radeburg, which employ a total of almost 200 people and generated €20 million in sales in 2020. AEQUITA already purchased the operations of Glassolutions in the Netherlands in 2019.
This transaction is part of Saint-Gobain’s continued portfolio optimization strategy to enhance the Group’s growth and profitability profile.
Saint-Gobain designs, manufactures and distributes materials and solutions for the construction, mobility, healthcare and other industrial application markets. Developed through a continuous innovation process, they can be found everywhere in our living places and daily life, providing wellbeing, performance and safety, while addressing the challenges of sustainable construction, resource efficiency and the fight against climate change.