Saint-Gobain spins off its glass processing business in Switzerland.

Recently, Saint-Gobain signed a binding agreement to sell its Glassolutions glass processing business in Switzerland to the private German group AEQUITA.

The business has sales of about 25 million euros in 2022 and has about 70 employees at the production site in Kreuzlingen.

The transaction, expected to close by the end of April 2023, is part of Saint-Gobain's ongoing business profile optimization strategy, in line with the "Growth and Impact" strategic plan.

^{Figure 1 The Saint-Gobain's ongoing business profile optimization strategy}

_{Disclaimer: The above views do not represent the position of LIJIANG Glass, and the copyright belongs to the original author and source. The content of News is the author's personal opinion, and it does not mean that LIJIANG Glass agrees with his opinion and is responsible for its authenticity. LIJIANG Glass only provides references and does not constitute investment and application advice.}