.
MergerLinks Header Logo

Announced

DIK Deutsche Industriekapital to acquire German glass processing operations of Saint-Gobain.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Glass

Private Equity

Majority

Friendly

Private

Germany

glass processing

Pending

Acquisition

Single Bidder

Synopsis

Edit

Investment firm DIK Deutsche Industriekapital agreed to acquire German glass processing operations of Saint-Gobain, a provider of construction, high-performance, and other materials. Financial terms were not disclosed. Saint-Gobain Glassolutions will remain present in Germany through its large glass transformation sites for industrial clients in particular, as well as its sites with specific areas of expertise such as in solar glass or curved glass. This disposal is part of Saint-Gobain's continued portfolio optimization strategy in the context of its new organization to enhance the Group's growth and profitability profile.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US