COURBEVOIE (dpa-AFX) - Saint-Gobain (CODGF.PK) announced the sale of its Glassolutions Objekt-Center to privately-owned AEQUITA group based in Munich. Saint-Gobain noted that this sale is as part of its continued portfolio optimization strategy.
Saint-Gobain Glassolutions Objekt-Center specializes in glass processing operations as part of the Glassolutions network in Germany. This sale concerns two sites, Döring Berlin and Radeburg, which employ a total of almost 200 people and generated EUR 20 million in sales in 2020.
AEQUITA already purchased the operations of Glassolutions in the Netherlands in 2019.
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