Compagnie de Saint-Gobain Disposal (2831K)

TIDMCOD

RNS Number : 2831K

Compagnie de Saint-Gobain

31 August 2021

PRESS RELEASE

August 31, 2021

SAINT-GOBAIN DIVESTS certain GLASS PROCESSING BUSINESSES

IN FRANCE AND IN GERMANY

Saint-Gobain announces the sale of the French company Aurys, which specializes in shaping and processing of flat glass, to a former manager of Saint-Gobain. The Group has also sold the German company GVG Deggendorf, which specializes in tempered glass, to the Swiss Arbonia group.

Aurys employs around 145 people at its Carentan-les-Marais (Manche) site and generated around EUR20 million in sales in 2020.

The Deggendorf site in Bavaria employs 160 people and achieved a turnover of around EUR20 million in 2020.

This transaction is part of Saint-Gobain's continued portfolio optimization strategy to enhance the Group's growth and profitability profile.

ABOUT SAINT-GOBAIN

Saint-Gobain designs, manufactures and distributes materials and solutions for the construction, mobility, healthcare and other industrial application markets. Developed through a continuous innovation process, they can be found everywhere in our living places and daily life, providing wellbeing, performance and safety, while addressing the challenges of sustainable construction, resource efficiency and the fight against climate change. This strategy of responsible growth is guided by the Saint-Gobain purpose, "MAKING THE WORLD A BETTER HOME", which responds to the shared ambition of all the women and men in the Group to act every day to make the world a more beautiful and sustainable place to live in.

EUR38.1 billion in sales in 2020

More than 167,000 employees, located in 70 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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August 31, 2021 12:07 ET (16:07 GMT)