REG - Compagnie St-Gobain - Disposal

Compagnie de Saint Gobain SAAnnouncement

14/05/2019 17:20

RNS Number : 0260Z
Compagnie de Saint-Gobain
14 May 2019
 


PRESS RELEASE
 
 
May 14, 2019
 
SAINT-GOBAIN COMPLETES THE SALE OF ITS

SILICON CARBIDE business
 
Saint-Gobain announces the completion of the sale of its silicon carbide grains and powders business, which delivers annual sales of around €120 million, to the private equity firm OpenGate Capital.
 
This transaction is in line with Saint-Gobain's portfolio optimization strategy aimed at divesting businesses representing sales of more than €3.0 billion by end-2019.
 
 
 
ABOUT SAINT-GOBAIN
Saint-Gobain designs, manufactures and distributes materials and solutions which are key ingredients in the wellbeing of each of us and the future of all. They can be found everywhere in our living places and our daily life: in buildings, transportation, infrastructure and in many industrial applications. They provide comfort, performance and safety while addressing the challenges of sustainable construction, resource efficiency and climate change.
 
€41.8 billion in sales in 2018
Operates in 67 countries
More than 180,000 employees
 
To learn more about Saint-Gobain
go to www.saint-gobain.com
and follow us on Twitter @saintgobain
 
 



 
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Media relations




Vivien Dardel
Floriana Michalowska
Christelle Gannage


 +33 1 47 62 44 29
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Laurence Pernot
Patricia Marie
Susanne Trabitzsch


 +33 1 47 62 30 10
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