TIDMCOD

RNS Number : 0791Y

Compagnie de Saint-Gobain

02 September 2022

 
 
 

SAINT-GOBAIN DIVESTS SOME GLASS PROCESSING SITES IN FRANCE

Saint-Gobain announces the closing of the sale of Saint-Gobain Glassolutions Grand Ouest glass processing business to a group of private investors, led by former Saint-Gobain managers. This business, which operates in glass processing in the North-West region of France and glass installation in France, generated sales of around EUR60 million in 2021 and employs 420 people.

This operation is part of Saint-Gobain's continued business profile optimization strategy, consistent with the "Grow & Impact" plan objectives. It enables Saint-Gobain in France to focus its investments on innovative solutions for sustainable construction, with for instance the recent commercial launch of low carbon glass offer, or the recycling of glass in a closed loop system.

ABOUT SAINT-GOBAIN

Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures

and distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization

of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group's commitment is guided by its purpose,

"MAKING THE WORLD A BETTER HOME".

EUR44.2 billion in sales in 2021

166,000 employees, locations in 76 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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September 02, 2022 02:31 ET (06:31 GMT)

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