Compagnie de Saint-Gobain Disposal (2212S)
November 04 2019 - 11:08AM
UK Regulatory
TIDMCOD
RNS Number : 2212S
Compagnie de Saint-Gobain
04 November 2019
PRESS RELEASE
November 4, 2019
SAINT-GOBAIN SELLs ITS Glass TRANSFORMATION BUSINESS IN THE
NETHERLANDS
Saint-Gobain has sold its regional glass transformation business
Glassolutions in the Netherlands to the Munich-based family office
AEQUITA.
Glassolutions in the Netherlands employs approximately 300
people and is composed of 8 distribution sites and 4 production
sites, with revenues of around EUR65 million in 2018.
This transaction is part of Saint-Gobain's portfolio
optimization strategy within the framework of its new organization.
Divestments completed or signed by the Group to date in order to
enhance its growth and profitability profile represent sales of
around EUR3.3 billion. Saint-Gobain is continuing its divestment
program even though the initial target of over EUR3 billion in
sales divested by the end of the year has already been met.
ABOUT SAINT-GOBAIN
Saint-Gobain designs, manufactures and distributes materials and
solutions which are key ingredients in the wellbeing of each of us
and the future of all. They can be found everywhere in our living
places and our daily life: in buildings, transportation,
infrastructure and in many industrial applications. They provide
comfort, performance and safety while addressing the challenges of
sustainable construction, resource efficiency and climate
change.
EUR41.8 billion in sales in 2018
Operations in 68 countries
More than 180,000 employees
For more information about Saint-Gobain
Visit www.saint-gobain.com
and follow us on Twitter @saintgobain
Analyst/Investor relations Press relations
+33 1 47 62 +33 1 47 62 30
44 29 10
+33 1 47 62 +33 1 47 62
Vivien Dardel 35 98 Laurence Pernot 51 37
Floriana Michalowska +33 1 47 62 Patricia Marie +33 1 47 62
Christelle Gannage 30 93 Susanne Trabitzsch 43 25
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END
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