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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.
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http://www.saint-gobain.com/files/CP_Advanced_Ceramics_EN.pdf
CONTACT INFORMATION:
Sophie Chevallon
Director of Communications, Compagnie de Saint-Gobain
33-1-47-62-30-48
sophie.chevallon@saint-gobain.com
http://www.saint-gobain.com/files/CP_Advanced_Ceramics_EN.pdf