SGD Group S.A.S. becomes majority shareholder of India based tubular glass specialist Cogent

SGD Group S.A.S. has become Cogent Glass Limited’s majority shareholder, India-based manufacturer of Type I molded and tubular glass vials for the pharmaceutical industry.  

Cogent’s acquisition represents a major opportunity for SGD pharmaceutical division and will consolidate its leadership position in this sector. The acquisition will enable SGD to enter into the tubular conversion market and benefit from the fast-growing Indian pharmaceutical market.

In the coming months, our efforts will be focused on implementing, processes and an organization in the Indian plant, suitable not only for local requirements but also for international standards.

About SGD Group

French SGD Group is the global leader in glass packaging for perfumery, cosmetics and pharmacy. The group, who conducts its business operations through an approach based on quality, innovation and sustainability, produces more than 3 billion flasks each year. SGD has developed a glass know-know for more than a century in France and now operates 11  production sites and 10 commercial hubs throughout France, Germany, Spain, Italy, Brazil, China and United States. The group has more than 4500 employees around the world with around 2000 in France. SGD generated a revenue of 574 million euros in 2014.

In 2014, the group started a process of separating its perfumery and pharmaceutical businesses in order to create two global leaders in each activity.