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Saint-Gobain Offers Strategic Review of Specialty Bottles Business

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By: Jamie Matusow

Editor-in-Chief

The Saint-Gobain Group confirmed that it is reviewing strategic options for its specialty bottles business (Saint-Gobain Desjonqueres and subsidiaries). The Group’s review is aimed at strengthening the leading position of this business on the worldwide specialty bottles market. It may result in one or more partnerships with industrial or financial investors. Saint-Gobain Desjonqueres and its subsidiaries are part of the Group’s Packaging sector, and develop, produce and sell glass specialty bottles for the cosmetics, pharmaceutical and high-end perfume industries. Desjonqueres was acquired at the end of the 1960s and has since undergone rapid expansion within the Group, both in France and abroad. In 2005, the specialty bottles business delivered sales of around EUR550 million, with production sites in France, Germany, Spain, the US, Brazil, China and Russia, backed by a global sales network.

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