With a team of around 270 staff, 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.
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By integrating SGT operations, AGC is also reinforcing its worldwide leadership position in the facade 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 project business”, says Dany D’Hont, AGC’s Vice President Downstream, Architectural Glass Europe and Americas.
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“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.
