RNS Number : 2066A
Compagnie de Saint-Gobain
18 January 2024
 

 

Saint-Gobain strengthens its presence in construction chemicals with two acquisitions in flooring

 

 

Saint-Gobain today announces two acquisitions on the attractive non-residential flooring market, further strengthening its presence in this construction chemicals segment:

-   R.SOL is a French manufacturer of resin-based flooring solutions employing about 30 people. This acquisition will enlarge Saint-Gobain's portfolio thanks to R.SOL's wide range of diversified resins, differentiating technology and large customer base. Closing of the transaction is expected by the end of the first half of 2024 and is subject to the satisfaction of customary closing conditions as well as the consultation procedure with the employee representative bodies.

-   Technical Finishes is a leading South African player in resin flooring solutions employing about 90 people. The acquisition will reinforce Saint-Gobain's profitable growth profile in South Africa and elsewhere on the African continent.

 

These two acquisitions will strengthen the leadership position of Saint-Gobain in flooring solutions, perfectly complementing its existing offering under our Weber brand and creating significant synergies.

 

Together, they generated a turnover of around ?20 million in 2023. Both acquisitions will be consolidated within the Southern Europe - Middle East & Africa Region.

 

These acquisitions are in line with Saint-Gobain's strategic plan, "Grow & Impact" which aims to both strengthen the Group's leadership and accelerate its growth by enriching its range of solutions for light and sustainable construction.

 

 

About Saint-Gobain

Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group's commitment is guided by its purpose, "MAKING THE WORLD A BETTER HOME".

 

?51.2 billion in sales in 2022

168,000 employees, locations in 75 countries

Committed to achieving Carbon Neutrality by 2050

 

For more information about Saint-Gobain, visit www.saint-gobain.com and follow us on  X @saintgobain


Analyst/investor relations

Press relations

Vivien Dardel:

+33 1 88 54 29 77

Patricia Marie:

+33 1 88 54 26 83

Floriana Michalowska:

+33 1 88 54 19 09

Laure Bencheikh:

+33 1 88 54 26 38

Alix Sicaud:

+33 1 88 54 38 70

Flavio Bornancin-Tomasella:

+33 1 88 54 27 96

James Weston: 

+33 1 88 54 01 24

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
ACQBPMRTMTMBBII