Saint-Gobain Eesti has sold Glassolutions Baltiklaas to Barrus
Saint-Gobain Eesti has sold Glassolutions Baltiklaas, its architectural glass processing division, to Barrus, the European market leader in the production of glulam.
Glassolutions Baltiklaas is the architectural glass processing division of Saint-Gobain. It is the largest architectural glass producer in the Baltics, with two production sites in Estonia. Baltiklaas produces insulated glass units (IGU), laminated and tempered glass, as well as specialty products.
Barrus is a timber company located in Estonia. It is the European market leader in the production of glulam, with an output of 80,000 m3 of high-quality carpenter-grade glulam per year.
Saint-Gobain Eesti is a subsidiary of French building materials producer Saint-Gobain. Saint-Gobain has been operating in the Nordic and Baltic countries for the past 50 years with brands such as Ecophon, Gyproc, Isover, Weber and Leca. Worldwide, Saint-Gobain operates in 67 countries and employs more than 170,000 people. The group brings together the expertise of several companies and can offer a wide range of solutions for the construction of buildings that are comfortable, energy efficient and ensure high-quality living conditions.
Oaklins’ teams in Estonia and Latvia served as the exclusive financial advisor to Saint-Gobain Eesti.
Talk to the deal team
Related deals
Partial demerger of DEME from CFE Group
On 2 December 2021, CFE announced its intention to split the Group into two separate listed entities: CFE, a multidisciplinary, integrated group addressing attractive growth markets in Belgium, Luxembourg and Poland. It focuses on four segments: real estate development, construction and renovation, multitechnics and investments. DEME is a global marine solutions provider and is active in offshore energy, dredging and infrastructure, environmental and concessions. DEME has a modern fleet of multipurpose vessels equipped with state-of-the-art technology.
Learn moreDolmen Engineering has been acquired by NIRAS
The private shareholders of Dolmen Engineering have sold the company to NIRAS. The integration will enable the two companies to strengthen their positions within the European life science and food & beverage sectors and offer a fully integrated suite of services.
Learn moreSparr Building and Farm Supply has been acquired by Nation’s Best Holdings
The shareholders of Sparr Building and Farm Supply have sold the company to Nation’s Best Holdings.
Learn more