Saint-Gobain sells part of its glass processing business in Germany

This transaction is part of Saint-Gobain’s continued portfolio optimization strategy to enhance the Group’s growth and profitability profile

Saint-Gobain announced the sale of Saint-Gobain Glassolutions Objekt-Center, specialized 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 EUR in sales in 2020. AEQUITA already purchased the operations of Glassolutions in the Netherlands in 2019.

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