Saint-Gobain has signed a binding agreement for the sale of its glass processing business Glassolutions in Switzerland to the privately-owned German group AEQUITA.
The business generated sales of around EUR 25 million in 2022 and employs approximately 70 people at its production site in Kreuzlingen.
This transaction, expected to close by the end of May 2023, is part of Saint-Gobain’s continued business profile optimization strategy, in line with the “Grow & Impact” strategic plan.