Saint-Gobain Group sells FREEGLASS to Hannover Finanz

Colo­gne — Oppen­hoff has advi­sed the Saint-Gobain Group on the sale of the auto­mo­tive supplier FREEGLASS GmbH & Co. KG to Hanno­ver Finanz as part of a carve-out.
Saint-Gobain is a global supplier of mate­ri­als and solu­ti­ons used in the cons­truc­tion sector, among others.
In Germany, the company is prima­rily known for its leading buil­ding mate­rial brands ISOVER, Rigips, Weber and Ecophon as well as for its glass production.
As an inter­na­tio­nal part­ner to the auto­mo­tive indus­try, FREEGLASS deve­lops and produ­ces three-dimen­­sio­nal plas­tic compon­ents at its plant near Stuttgart.
Its products include windows and covers with inno­va­tive products that enable the inte­gra­tion of func­tions and sensors.
The company employs 120 people and produ­ces around two million compon­ents per year. Advi­sor Saint-Gobain Group: Oppen­hoff & Part­ner led by Myriam Baars-Schil­­ling and Sebas­tian Gutmann included Maike Mestmä­cker (all Corpo­rate / M&A), Dr. Gunnar Knorr (Tax) and Dr. Stefa­nie Minzen­may (Real Estate).
Advi­sor Saint-Gobain Group : Oppen­hoff & Part­ner has been advi­sing on tran­sac­tions of natio­nal and inter­na­tio­nal compa­nies as well as on corpo­rate law matters for decades.
The M&A team, which has recei­ved nume­rous awards in indus­try hand­books, recently advi­sed the Wilms Group on the sale of Südka­bel, the Iveco Group on an agree­ment with Muta­res to trans­fer the MAGIRUS Group, Snow­World on the complete take­over of Alpen­park Neuss and the Austrian Fede­ral Rail­ways ÖBB on the acqui­si­tion of Go-Ahead Deutschland.
The in-house Saint-Gobain team consis­ted of Matthias Zenner, Eva Beutin and Henrik von Wietersheim.