Compagnie de Saint-Gobain

M&A Activity • May 27, 2022

Saint-Gobain has entered into agreements for the sale of its glass processing businesses Eckelt Glas and Glas Ziegler in Austria to the privately-owned German group AEQUITA, as well as the sale of its holding in the co-venture Glaskontor Erfurt – a glass processing business in Germany – to the CALEOGLAS Group. The closing of all these transactions is expected by the summer 2022.

Together, these businesses generated sales of around €55 million in 2021 and employ more than 320 people.

These transactions are part of Saint-Gobain's continued business profile optimization strategy, in line with the "Grow & Impact" plan objectives.

Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group's commitment is guided by its purpose, "MAKING THE WORLD A BETTER HOME".

€44.2 billion in sales in 2021 166,000 employees, locations in 75 countries Committed to achieving Carbon Neutrality by 2050

For more information about Saint-Gobain, visit www.saint-gobain.com and follow us on Twitter @saintgobain

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