Compagnie de Saint-Gobain Disposal (3493I)
02 December 2022 - 6:00PM
UK Regulatory
TIDMCOD
RNS Number : 3493I
Compagnie de Saint-Gobain
01 December 2022
SAINT-GOBAIN completes the sale of ITS WORLDWIDE
CRYSTALS and DETECTORS BUSINESS
Saint-Gobain has today completed the sale, announced on
September 1(st) , 2022, of its Crystals and Detectors business -
part of High Performance Solutions - to a consortium led by SK
Capital Partners associated with Edgewater Capital Partners, both
US private equity firms with expertise in advanced materials.
This transaction aims at focusing the Group's High Performance
Solutions activities on markets where Saint-Gobain, thanks to its
leadership positions and its innovation capabilities, enables its
customers to accelerate towards carbon neutrality and circularity.
It is part of
Saint-Gobain's continued business profile optimization strategy,
in line with the "Grow & Impact" plan objectives.
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".
EUR44.2 billion in sales in 2021
166,000 employees, locations in 76 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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