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Saint-Gobain divests two glass-processing plants in Germany

| By Mary Bailey

Saint-Gobain (Courbevoie, France) 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 twosites: Döring Berlin and Radeburg, which employ a total of almost 200 people and generated €20million in sales in 2020. AEQUITAalready 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.