CMS advises Saint-Gobain on the divestment of the Swiss Glassolutions business

Saint-Gobain, a leader in light and sustainable construction, has signed a binding agreement for the sale of its glass processing business Glassolutions in Switzerland to the privately owned German group AEQUITA.

CMS Switzerland acted as legal advisor and EY acted as M&A, tax and carve-out advisor to Saint-Gobain.

The sale of this division, expected to close by the end of May 2023, is part of Saint-Gobain's ongoing strategic plan to optimize its business profile.

The CMS team led by partner Alain Raemy provided comprehensive legal advice to Saint-Gobain on the spin-off of the Glassolutions division and on the sales transaction.

CMS Team

• Alain Raemy, Partner, Corporate/M&A
• Mark Cagienard, Partner, Tax
• Christian Gersbach, Partner, Employment
• Dr Sibylle Schnyder, Partner, Real Estate
• Tanja Schaub, Counsel, Tax
• Andrea Relly, Senior Associate, Corporate/M&A
• Thomas Zweifel, Senior Associate, Real Estate
• Helena Loretan, Associate, Real Estate
• Anna Mast, Associate, Corporate/M&A
• Rafael Gruber, Attorney Trainee, Real Estate
• Alexander Salamon, Attorney Trainee, Corporate/M&A
• Natalie Németh, Corporate Administration