AGC Glass Europe acquires SGT (Germany)
Effective as of 1 January 2025, AGC Glass Europe expands its activities through the acquisition of one of Europe´s largest manufacturers of safety glass, Sicherheitsglastechnik Oelsnitz GmbH (SGT), as well as the Verwaltungsgesellschaft Schuler & Weiß OHG and its subsidiary SG Transport GmbH in Germany.
With a team of around 270 employees, SGT in Oelsnitz in the Vogtland region is manufacturing high-quality safety glass, which is used worldwide in glass facades and building interiors. With this acquisition AGC Glass Europe enlarges its European network, enhances its value chain, and strengthens its position as a leading provider of innovative glass solutions. The operations of the SGT production facilities in Oelsnitz will continue seamlessly, ensuring the supply of high quality products to all its customers.
By integrating SGT operations, AGC is also reinforcing its worldwide leadership position in the façade projects business, enabling AGC INTERPANE to supply all kinds of complex structures and coatings, as dreamed of by architects and building owners.
“With the acquisition of our long-standing partner SGT, we are increasing our European market share and strengthening our worldwide position, sending a strong signal to the global stakeholders of building projects”, says Mr. Dany D’Hont, AGC’s Vice President Downstream, Architectural Glass Europe and Americas.
“We have enjoyed an extraordinarily pleasant and successful collaboration with SGT for some decades, for which we would like to sincerely thank in particular Wolfgang Weiß and Joachim Schuler. They have created a solid company that stands for high quality, innovation and reliability - values that we at AGC fully share.” highlights Sebastian Schmidt, Member of the Executive board of AGC INTERPANE.
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Photos :
1. Sicherheitsglastechnik Oelsnitz GmbH (SGT)
2. Signing ceremony at Squire Patton Boggs, Berlin
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AGC Interpane
Marc Everling
Mobil: +49 176 64076171
E-mail: me@marceverling.de
AGC Glass Europe
Niels Schreuder
Public Affairs & Communication
Mobile: +32 497 621 595
Niels.Schreuder@agc.com
AGC Glass Europe, a European leader in flat glass
AGC Glass Europe produces, processes and markets flat glass for the construction industry (external glazing and interior decoration), car manufacture and other industrial sectors (transport, solar power and high-tech). It is the European branch of AGC, a world leader in flat glass. It has over 100 sites throughout Europe and employs around 13,000 employees.
More information on www.agc-glass.eu (corporate site), www.agc-yourglass.com (glass for the construction industry) and www.agc-automotive.com (for the automotive industry).
SGT Group: Safety Glass for Highest Demands
SGT is one of Europe’s leading manufacturers of safety glass. Its product range comprises toughened and laminated safety glass and applying ceramic paints by rolling or screen printing. The customer base is made up exclusively of processors. SGT supplies companies located all over the world, including some of the finest of the European glass industry.
More on www.sgt-oelsnitz.de