SK Capital and Edgewater Capital completed the acquisition of the crystals and detectors business of Saint-Gobain for $214m.

Private equity firms SK Capital Partners and Edgewater Capital Partners, completed the acquisition of the crystals and detectors business of Saint-Gobain, a business conglomerate, for $214m. This transaction aims at focusing the Group's High Performance Solutions activities on markets where Saint-Gobain, thanks to its leadership positions and its innovation capabilities, enables its customers to accelerate towards carbon neutrality and circularity. It is part of Saint-Gobain's continued business profile optimization strategy, in line with the "Grow & Impact" plan objectives.