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Glassolutions A/S

Saint-Gobain sells Glassolutions A/S

 

Case

Saint-Gobain sells Glassolutions A/S

The multinational French group Saint-Gobain has sold the Danish business Glassolutions A/S. The buyer is the German glass manufacturer Semcoglas Holding GmbH.

Glassolutions A/S is Denmark’s leading distributor of advanced glass solutions that effectively lower energy consumption and improve inflow of light. The company employs 160 people on 6 manufacturing and distribution locations in Denmark, and the transaction is completed as a carve-out from Saint-Gobain’s other Nordic activities within building materials.

Saint-Gobain is a global leading manufacturer and distributor of building materials and other industrial products with more than 167,000 employees worldwide. Glassolutions A/S has been a part of the Saint-Gobain Group since 1976, and the divestment is a part of a strategy to optimise Saint-Gobain’s portfolio of businesses.

Accura advised Saint-Gobain in connection with the transaction, including in relation to the planning of carve-out and the conclusion of a large agreement on the provision of transition services.