Glaston closes sale of pre-processing business in US and Canada

Glaston has sold its pre-processing business in US and Canada

Glaston has announced the closing of the sale of its pre-processing business in US and Canada.

Glaston has today closed the sale of its pre-processing business in the US and Canada to Bavelloni S.p.A. Glaston will still continue as a reseller of Bavelloni’s Pre-Processing machines in Mexico, Brazil and Singapore.

The transaction applies to 10 Glaston employees in the US. Net sales of the sold business were approximately EUR 4.9 million in 2016.