Saint-Gobain sells two glass processing plants in Germany
By: ICN Bureau
Last updated : June 02, 2021 10:06 am
This sale concerns two sites: Döring Berlin and Radeburg, which employ a total of almost 200 people and generated €20 million in sales in 2020
Saint-Gobain has announces the sale of Saint-Gobain Glassolutions Objekt-Center, which specializes 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 in sales in 2020. AEQUITA already purchased the operations of Glassolutions in the Netherlands in 2019.
This transaction is part of Saint-Gobain’s continued portfolio optimization strategy to enhance the Group’s growth and profitability profile.