The Saint-Gobain materials group announced on Friday that it had sold its glass processing activities in Denmark to a German manufacturer, as part of its strategy to "optimize" its portfolio.
The Danish activity of Glassolutions, made up of four distribution and two production sites, was sold to the German manufacturer Semcoglas Holding GmbH, the group said in a press release, without giving the amount of the transaction.
These sites employ around 160 people and generated a turnover of around 30 million euros in 2020.
"This transaction is part of the pursuit of Saint-Gobain's portfolio optimization strategy, aimed at improving the group's growth and profitability profile, in line with the objectives of the + Grow & Impact + plan", is- he added in the release.
In May, the group sold part of its glass processing activities in Germany to the private group Aequita, which had already acquired the Glassolutions activities in the Netherlands in 2019.
In March 2020, Saint-Gobain had also sold seven glass processing sites based in Germany to an investment fund, after having also sold several dedicated glass sites in Sweden, Norway and the United Kingdom during the two years. previous ones.
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