SAINT-GOBAIN (EPA:SGO) - Saint-Gobain divests certain glass processing businesses in France and in Germany
Transparency directive : regulatory news
31/08/2021 18:00
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PRESS RELEASE
August 31, 2021
SAINT-GOBAIN DIVESTS CERTAIN GLASS PROCESSING BUSINESSES IN FRANCE AND IN
GERMANY
Saint-Gobain announces the sale of the French company Aurys, which specializes
in shaping and processing of flat glass, to a former manager of Saint-Gobain.
The Group has also sold the German company GVG Deggendorf, which specializes in
tempered glass, to the Swiss Arbonia group.
Aurys employs around 145 people at its Carentan-les-Marais (Manche) site and
generated around EUR20 million in sales in 2020.
The Deggendorf site in Bavaria employs 160 people and achieved a turnover of
around EUR20 million in 2020.
This transaction is part of Saint-Gobain's continued portfolio optimization
strategy to enhance the Group's growth and profitability profile.
ABOUT SAINT-GOBAIN
Saint-Gobain designs, manufactures and distributes materials and solutions for
the construction, mobility, healthcare and other industrial application
markets. Developed through a continuous innovation process, they can be found
everywhere in our living places and daily life, providing wellbeing,
performance and safety, while addressing the challenges of sustainable
construction, resource efficiency and the fight against climate change. This
strategy of responsible growth is guided by the Saint-Gobain purpose, "MAKING
THE WORLD A BETTER HOME", which responds to the shared ambition of all the
women and men in the Group to act every day to make the world a more beautiful
and sustainable place to live in.
EUR38.1 billion in sales in 2020
More than 167,000 employees, located in 70 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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