Saint-Gobain Completes Sale of Crystals and Detectors Business

By Ed Frankl Compagnie de Saint-Gobain explained late Thursday that it completed the sale of its crystals and detectors company to a consortium of private-equity companies. On Sept. 1, the French corporation said it was in talks to sell the enterprise for an business value of $214 million.

Saint-Gobain offered the business, aspect of its substantial-efficiency remedies section, to a consortium led by SK Capital Companions related with Edgewater Funds Associates, the two U.S. private equity corporations with experience in advanced resources, it mentioned. Compose to Ed Frankl at edward.frankl@dowjones.com

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