Saint-Gobain: sells Freeglass in Germany
(CercleFinance.com) - Saint-Gobain says that it has completed the sale of Freeglass GmbH & Co KG, its outdoor plastic parts business for the automotive industry, to HF Opportunities GmbH, a subsidiary of Hannover Finanz.
The divested business, which operates a plant in Schwaikheim, Germany, has been designing and producing polymer plastic components since 1998. It generated sales of almost E20m in 2023 and employs around 120 people.
The French building materials supplier explains that this operation is part of its ongoing strategy to optimise its profile, in line with the objectives of its 'Grow & Impact' plan.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
The divested business, which operates a plant in Schwaikheim, Germany, has been designing and producing polymer plastic components since 1998. It generated sales of almost E20m in 2023 and employs around 120 people.
The French building materials supplier explains that this operation is part of its ongoing strategy to optimise its profile, in line with the objectives of its 'Grow & Impact' plan.
Copyright (c) 2024 CercleFinance.com. All rights reserved.