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Saint-Gobain finalizes divestiture of Advanced Ceramics business

Following the approval of the competition authorities, Saint-Gobain finalized the sale of its Advanced Ceramics business to CoorsTek for USD 245 million on 31 December 2010.
With this divestment, pre…

Following the approval of the competition authorities, Saint-Gobain finalized the sale of its Advanced Ceramics business to CoorsTek for USD 245 million on 31 December 2010. With this divestment, previously announced by the company on 28 June 2010, Saint-Gobain“s Ceramic Materials activity is continuing to implement dynamic management of its business portfolio by favouring activities with high technological content, in which it enjoys a leadership position in terms of innovation and product development.

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