Saint-Gobain divests its glass processing business in Denmark
December 10, 2021
LONDON, UK: Saint-Gobain has sold its regional glass transformation business Glassolutions in Denmark to the German glass manufacturer Semcoglas Holding GmbH.
Glassolutions in Denmark employs approximately 160 people across 4 distribution sites and 2 production sites, with sales of around €30 million in 2020.
This transaction is part of Saint-Gobain’s continued portfolio optimization strategy to enhance the Group’s growth and profitability profile in line with the “Grow & Impact” plan objectives.
Saint-Gobain designs, manufactures and distributes materials and solutions for the construction, mobility, healthcare and other industrial application markets.
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