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New Deal


Announced

Completed

SSW Advanced Technology completed the acquisition of a 49% stake in Schott Gemtron from AGC.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For49%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

glass

Private

Single Bidder

Friendly

Household Appliance

household appliances

Acquisition

Domestic

United States

Completed

Synopsis

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SSW Advanced Technology, a manufacturer of engineered steel and glass components, completed the acquisition of a 49% stake in Schott Gemtron, a manufacturer of specialty glass and glass systems, from AGC, a firm that manufactures and sells glass products. Schott Gemtron is a company specialized in the production and sale of glass products mainly for the home appliance industry in North America. The AGC Group had owned 49% of the company’s outstanding shares in the Building & Industrial glass business.

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