Saint-Gobain: completes sale of a business
(CercleFinance.com) - Saint-Gobain yesterday completed the sale of its Crystals and Detectors business, which was announced on 1 September 2022, to a consortium led by SK Capital Partners and Edgewater Capital Partners, two US private equity funds specialising in high-tech 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 said.
"It is part of Saint-Gobain's continued business profile optimization strategy, in line with the "Grow & Impact" plan objectives".
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