French building materials company Saint Gobain SA (SGO.FR) Monday announced the sale of its advanced ceramics business to U.S. firm CoorsTek Inc. for a total enterprise value of $245 million.

In 2009, Saint-Gobain's advanced ceramics business reported sales of EUR135 million, with more than 1,100 employees based at 14 sites in the Americas, Europe and Asia, the company said.

-By Adam Mitchell, Dow Jones Newswires; +33 1 40171756; adam.mitchell@dowjones.com
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