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Sale of Saint-Gobain Desjonquere

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By: TOM BRANNA

Editor

Following the search for strategic partners for its specialty bottles business, the Saint-Gobain Group has selected the project of a consortium of two investment funds, Sagard and Cognetas. Under this agreement, the Saint-Gobain Group agreed to sell 100% of Saint-Gobain Desjonqueres and its subsidiaries. The Saint-Gobain Group will reinvest a 20% stake in the business. A producer of glass bottles for the perfume, cosmetics and pharmaceutical industries, the specialty bottles business of Saint-Go...

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