AGC Glass Europe reinforces its position in glass supply through new deal with Scheuten Glass

Through the acquisition of Scheuten’s stake in “Moustier4”, AGC Glass Europe has acquired the total share capital of the joint venture that constitutes the Belgium-based float production line located in the AGC Moustier plant. In parallel, both companies have concluded an agreement under which Scheuten buys float glass from AGC network in North Europe.

This transaction confirms AGC’s strategy to invest in energy-efficient glass production units and to consolidate its footprint with a view to providing the market with high quality float-based glass products.