Announced
Completed
Financials
Sources
Tags
Minority
glass
Private
Single Bidder
Friendly
Household Appliance
household appliances
Acquisition
Domestic
United States
Completed
Synopsis
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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