Divestiture • Building Materials

Semcoglas Acquires Glassolutions Denmark

On December 10, 2021, Semcoglas acquired building materials company Glassolutions Denmark from Saint-Gobain

Acquisition Context
  • This is Semcoglas’ 1st transaction in the Building Materials sector.
  • This is Semcoglas’ 1st transaction in Denmark.

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M&A Deal Summary

Date December 10, 2021
Target Glassolutions Denmark
Sector Building Materials
Buyer(s) Semcoglas
Sellers(s) Saint-Gobain
Deal Type Divestiture

Target Company

Glassolutions Denmark

København, Denmark
Glassolutions Denmark is a supplier of advanced glass solutions, which effectively lowers energy consumption and improves light incidence. We supply everything from double glazing, facade glass, blinds, to shower solutions and glass for partitions and doors.
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Buyer Overview 1

Buyer

Semcoglas

Westerstede, Germany

Category Company
Founded 1997
Sector Building Materials
DESCRIPTION

Semcoglas is a manufacturer and supplier of glass products in a growing market perfectly equipped for the future. At the highest level with a comprehensive product portfolio serving a broad spectrum of applications. Semcoglas was founded in 1997 and is based in Westerstede, Germany.


Deal Context for Buyer #
Overall 1 of 1
Sector: Building Materials 1 of 1
Type: Divestiture 1 of 1
Country: Denmark 1 of 1
Year: 2021 1 of 1

Seller Profile 1

SELLER

Saint-Gobain

Courbevoie, France

Category Company
Founded 1665
Sector Building Materials
Employees161,482
Revenue 46.6B EUR (2024)
DESCRIPTION

Saint-Gobain is a manufacturer, designer, and distributor of functional materials for the construction, industrial and consumer markets. Saint-Gobain provides comfort, performance and safety while addressing the challenges of sustainable construction, resource efficiency and climate change. Saint-Gobain was founded in 1665 and is based in Courbevoie, France.


Deal Context for Seller #
Overall 13 of 22
Sector: Building Materials 6 of 10
Type: Divestiture 12 of 21
Country: Denmark 1 of 2
Year: 2021 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-06 GCP

Cambridge, Massachusetts, United States

GCP is a provider of premier specialty construction chemicals and specialty building materials for many of the world’s most renowned structures, and packaging technologies for the best-known consumer brands, delivering results for all our customers. GCP was founded in 2015 and is based in Cambridge, Massachusetts.

Buy $2.3B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-13 Neville Lumb

Leicestershire, United Kingdom

Neville Lumb is a provider of commercial sanitaryware for new build and refurbishment projects. Neville Lumb has 5 branches strategically placed across the UK providing a national bathroom solution service. Neville Lumb was founded in 1882 and is based in Leicestershire, United Kingdom.

Sell -