Glaston is one of the leading operators in the glass processing industry

Glaston is a frontrunner in glass processing technologies and services. The company responds globally to the most demanding glass processing needs of the architectural, solar, appliance and automotive industries. The company also supports the development of emerging technologies integrating intelligence to glass. 

Glaston’s offering ensures uninterrupted production capacity for its customers and efficient usage throughout every machine’s lifecycle. The company’s comprehensive global service network is one of its most important competitive factors.

In April 2019, Glaston completed the acquisition of Swiss-German based globally operating high-end machinery, systems and services provider for the processing of glass, Bystronic glass.  The acquisition supports Glaston’s ambition to further strengthen its position in the glass processing value chain. The acquisition diversifies Glaston’s offering to the architectural market as well as complementing offering to the automotive market.

www.glaston.net

 

  • AHLSTRÖM CAPITAL’S OWNERSHIP: 25,6 %
  • FOUNDED: 1870 (Hammaren & Co)
  • DOMICILE: Helsinki, Finland
  • INDUSTRY: Glass processing technology and lifecycle solutions in glass processing machines
  • OPERATING COUNTRIES: more than 20 service and sales locations globally
  • PERSONNEL IN 2018: 357
  • NET SALES (PRO FORMA) IN 2018: EUR 202 million (after the acquisition of Bystronic glass)
  • MARKET CAP AS OF DEC. 31, 2018: EUR 75 million
  • IN AHLSTRÖM CAPITAL’S PORTFOLIO SINCE: 2017