June 28, 2010 | Courbevoie, France

Saint-Gobain Sells its Advanced Ceramics Business to CoorsTek for $245 Million Dollars

Saint-Gobain has signed an agreement for the sale of its “Advanced Ceramics” business to the US company CoorsTek, for a total (enterprise value) of 245 million US dollars (about 200 million euros). Manufactured and marketed by Saint-Gobain’s Ceramic Materials activity, these products are ceramic components: hot surface igniters, electro-ceramic parts for household appliances, ceramic balls for high-performance bearings, automobile water pump seals, special components for the semiconductor industry, agricultural spray nozzles, and other dense alumina components. In 2009, Saint-Gobain’s “Advanced Ceramics” business reported sales of 135 million euros, with more than 1,100 employees spread out over 14 sites in the Americas, Europe, and Asia.

Click on  


Sophie Chevallon
Director of Communications, Compagnie de Saint-Gobain