Compagnie de Saint-Gobain Acquisition (8085Y)
May 17 2021 - 1:07AM
UK Regulatory
TIDMCOD
RNS Number : 8085Y
Compagnie de Saint-Gobain
17 May 2021
PRESS RELEASE
May 17, 2021
SAint-gobain strengthens its position in
value-added construction chemicals solutions
Saint-Gobain has signed an agreement for the acquisition of
Duraziv, a Romanian group specialized in the production of
adhesives and other value-added construction chemicals
solutions.
This acquisition will allow Saint-Gobain to expand its range of
interior and exterior finishing solutions. At the same time, it
will accelerate the Group's market penetration and help it drive an
improvement in the energy efficiency of buildings in Romania thanks
to high value-added external thermal insulation solutions (ETICS)
based on locally produced stone wool and mortars.
This follows the recent acquisition of Scientific and Production
Company Adhesive LLC in Russia, a full-cycle company specialized in
polyurethane and epoxy production to develop, manufacture and
supply a broad selection of high-quality products for the
construction, transport and space markets.
These acquisitions, which represent around EUR40 million in
sales, are subject to the approval of the competent competition
authorities. They are in line with Saint-Gobain's strategy of
expanding its offer of solutions for sustainability and
performance, and enable the Group in particular to reinforce its
offer to customers in chemical construction .
ABOUT SAINT-GOBAIN
Saint-Gobain designs, manufactures and distributes materials and
solutions for the construction, mobility, healthcare and other
industrial application markets. Developed through a continuous
innovation process, they can be found everywhere in our living
places and daily life, providing wellbeing, performance and safety,
while addressing the challenges of sustainable construction,
resource efficiency and the fight against climate change. This
strategy of responsible growth is guided by the Saint-Gobain
purpose, "MAKING THE WORLD A BETTER HOME", which responds to the
shared ambition of all the women and men in the Group to act every
day to make the world a more beautiful and sustainable place to
live in.
EUR38.1 billion in sales in 2020
More than 167,000 employees, located in 70 countries
Committed to achieving Carbon Neutrality by 2050
For more information about Saint-Gobain,
visit www.saint-gobain.com a nd follow us on Twitter
@saintgobain
Analyst/Investor relations Press relations
+33 1 88 54 +33 1 88 54
29 77 26 83
+33 1 88 54 Patricia Marie + 33 1 88 54
Vivien Dardel 19 09 Bénédicte 14 75
Floriana Michalowska +33 1 88 54 Debusschere +33 1 88 54
Christelle Gannage 15 49 Susanne Trabitzsch 27 96
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