COD Compagnie De Saint-gobain

TIDMCOD

RNS Number : 4766R

Compagnie de Saint-Gobain

01 March 2023

SAINT-GOBAIN completes the sale

of its distribution business in the UK

Saint-Gobain has today completed the sale, announced on December 12(th) , 2022, of all its merchanting brands in the United Kingdom - including the builders and timber merchant Jewson - to the Stark group. Saint-Gobain now no longer has any distribution businesses in the United Kingdom.

These divestments are part of Saint-Gobain's continued business profile optimization strategy to enhance the Group's growth and profitability in line with its "Grow & Impact" plan.

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".

EUR51.2 billion in sales in 2022

170,000 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 Twitter @saintgobain

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(END) Dow Jones Newswires

March 01, 2023 02:09 ET (07:09 GMT)

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