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PARIS - French construction materials group Saint-Gobain announced Tuesday it has signed a definitive agreement to sell its German prefabrication unit Brüggemann to construction firm Köster as part of its ongoing portfolio optimization strategy.
Brüggemann, which specializes in the production and installation of prefabricated solutions, operates a single plant in Neuenkirchen, North Rhine-Westphalia. The company employs 190 people and generated revenues of approximately €55 million in 2024.
The transaction, expected to close by the end of 2025, will transfer ownership to Köster, a leading German general contractor in building and civil engineering that provides services from planning to turnkey construction.
Saint-Gobain indicated in its press release statement that the divestment aligns with its "Grow & Impact" plan, which focuses on optimizing its business portfolio. The company noted that prior joint developments between Saint-Gobain and Brüggemann had positioned the group as a preferred partner for prefabricators through co-developed solutions combining building performance and productivity.
The financial terms of the transaction were not disclosed.
Saint-Gobain, which is celebrating its 360th anniversary in 2025, reported €46.6 billion in sales last year and employs more than 161,000 people across 80 countries. The company has committed to achieving net zero carbon emissions by 2050.
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