, AGCAGC Transfers All of the Shares of Schott Gemtron
AGC Inc. (AGC, Headquarters: Tokyo; President: Yoshinori Hirai) transferred all of the shares of Schott Gemtron Corporation (Schott Gemtron) and its subsidiaries held by its subsidiary, AGC Flat Glass North America and other company, to SSW Advanced Technology LLC – a portfolio company of Trive Capital Management LLC (Headquarters: Dallas, Texas, USA). The parties agreed not to publish any transaction details. The impact of this transaction on AGC’s consolidated business results will be minimal.
Schott Gemtron is a company specialized in the production and sale of glass products mainly for the home appliance industry in North America. The AGC Group had owned 49% of the company’s outstanding shares in the Building & Industrial glass business.
Under the AGC plus-2023 medium-term management plan announced in February this year, AGC has strived for improvements of the profitability and asset efficiency of its Building & Industrial glass business, which have been designated as one of the AGC Group’s priority issues. This transfer deal is conducted as a part of the improvement measures.
Il materiale informativo del sito è registrato ed appartiene all´azienda o ai terzi che lo hanno fornitoe tutti i diritti sono riservati.
Qualsiasi utente che accede a tale materiale può farlo solo ad uso personale e ne è anche responsabile.
Ridistribuzione o altro uso commerciale di tale materiale è espressamente proibito. Nel caso in cui il materiale sia stato ceduto da terzi, l´utente concorda di rispettare questi termini di utilizzo specificati.
Glass Global non garantisce la veridicità o l´esattezza del contenuto di alcuna informazione o di siti web esterni menzionati nelle stesse.
Should the content or the design of these sites violate third parties rights or legal prescriptions, we kindly ask you to send us a respective message without invoice or cost. We guarantee that passages where the claim is considered as justified will be removed immediately, without any necessity to involve any lawyer into this issue. We will reject any claim caused by submission of a honorary note in this regard without any prior contact and confirmation of the issueby us and we reserve the right ssue counter claim ourselves because of violation of aforesaid conditions.
Updated worldwide glass market study 2024 available now for flat, container glass and tableware
We have updated our international
studies on flat glass, container glass and tableware for 2024.
This unique software provides a global overview about glass producers and
technical details. Easy to use and clear tables summarize information
and data about glass makers such as:
Glass types: flat glass, container glass, tableware,
production capacities in regions and countries,
number of furnaces, furnace types, year of construction,
glass types and sub-types, products,
project information, special news and downloads.
Further databases supplying demoscopic data and import and export data
complete the market survey. Based on these data, prepare individual
country profiles with information about local production capacities,
local market sizes and expected demand in the future.
