Gide advises Saint-Gobain on the acquisition of Glass Service

Gide assisted Saint-Gobain in connection with the entry into of a definitive agreement for the acquisition of Glass Service a.s., a leading provider of digital solutions for glass furnaces, including advanced control systems and simulation software, which enables customers to reduce their energy consumption.

Closing of the transaction is subject to antitrust approvals and is expected by the end of the first half of 2024.

This acquisition will complement Saint-Gobain’s range of digital services offering predictive, diagnostic, and data-driven solutions to improve energy efficiency for its customers and reduce the carbon footprint of their products and processes.

Gide’s team was headed by partner Paul Guillemin, with associates Corentin Charlès and Clément Chantre, on Corporate/M&A aspects and partner Magali Buchert, on Tax aspects.