LONDON, UK: 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.
This 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.
As an international investment group, AEQUITA accompanies medium-sized companies on the path to successful transformation. Munich-based private equity company values collaboration at eye level. AEQUITA see potential and envision the successes of tomorrow already today.
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