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Inside information: Glaston closes an above EUR 8 million deal for multiple automotive pre-processing lines

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GLASTON CORPORATION            Inside information                  3.3.2023 at 9.45 EET

Glaston has received a significant order valued at above EUR 8 million from a global automotive industry glass processor. The order is booked in Glaston’s received orders for Q1/2023. The first lines will be delivered in H2/2023 and the final delivery is scheduled for H1/2024.

The strategically important deal includes multiple CHAMP EVO automotive glass pre-processing lines for highly efficient and precise cutting, breaking and grinding and drilling of automotive glass. The lines will be manufactured in Switzerland in 2023 and 2024.

“We are delighted to work with a customer who has long-term experience with Glaston technology and trusts our capability to provide them with lifecycle support. The high degree of process automation combined with high output and quality of grinding convinced the customer to choose Glaston technology,” says Glaston Corporation’s CEO Anders Dahlblom.

For further information:
Anders Dahlblom, President & CEO, tel. +358 10 500 500
Päivi Lindqvist, Chief Financial Officer, tel. +358 10 500 500

Commercial inquiries: 
José Yepes, VP, Strategic Accounts & Innovation, Automotive & Display Technologies, tel. +41 62 958 76 69

Press and investor inquiries:
Pia Posio, VP Communications, Marketing and IR, tel +358 500 5076

Glaston in brief
Glaston is the glass processing industry’s innovative technology leader supplying equipment, services and solutions to the architectural, automotive, solar and display industries. The company also supports the development of new technologies integrating intelligence to glass.

Glaston is committed to providing its clients with both the best know-how and the latest technologies in glass processing, with the purpose of building a better tomorrow through safer, smarter, and more energy efficient glass solutions. Glaston operates globally with manufacturing, services and sales offices in nine countries and its shares (GLA1V) are listed on Nasdaq Helsinki Ltd.

Distribution: Nasdaq Helsinki Ltd, key media, www.glaston.net.

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