Compagnie de Saint-Gobain Disposal (7246A)
February 04 2022 - 2:05AM
UK Regulatory
TIDMCOD
RNS Number : 7246A
Compagnie de Saint-Gobain
04 February 2022
PRESS RELEASE
February 4, 2022
SAINT-GOBAIN DIVESTS ITS GLASS PROCESSING BUSINESS IN
ESTONIA
Saint-Gobain has entered into an agreement for the sale of its
regional glass processing business Baltiklaas OÜ in Estonia to
Polar Glass OÜ, a subsidiary of Barrus AS, the largest glued
laminated timber manufacturer in Estonia and supplier to window and
door producers. Baltiklaas OÜ employs more than 200 people across
two sites, located in Tartu and Mäo, with sales of around EUR25
million in 2021.
This transaction follows a number of other divestments in glass
processing by the Group since 2018 in Europe with total sales of
around EUR300 million divested.
This transaction is part of Saint-Gobain's continued business
profile optimization strategy, in line with the "Grow & Impact"
plan objectives. It is subject to the approval of the relevant
competition authorities and should be finalized in the coming
weeks.
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".
EUR38.1 billion in sales in 2020
More than 167,000 employees, located in 72 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
Analyst/Investor relations Press relations
+33 1 88 54 +33 1 88 54
29 77 26 83
+33 1 88 54 Patricia Marie +33 1 88 54
Vivien Dardel 19 09 Bénédicte 14 75
Floriana Michalowska +33 1 88 54 Debusschere +33 1 88 54
Christelle Gannage 15 49 Susanne Trabitzsch 27 96
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