Compagnie de Saint-Gobain Acquisition (6272N)
30 Settembre 2021 - 6:08PM
UK Regulatory
TIDMCOD
RNS Number : 6272N
Compagnie de Saint-Gobain
30 September 2021
PRESS RELEASE
September 30, 2021
Saint-gobain COMPLETES ITS acquisition OF Panofrance,
A SPECIALIST DISTRIBUTOR OF TIMBER AND PANELS
Saint-Gobain has completed its acquisition of the French company
Panofrance, a specialist distributor of timber and panels for the
construction and furnishing industries.
Panofrance had sales of approximately EUR160 million in 2020,
around 30 points-of-sale throughout France and more than 600
employees. It will complement Dispano, a Saint-Gobain subsidiary
specialized in the trade of timber products and by-products, with
46 points-of-sale in France and sales of EUR380 million in
2020.
This acquisition will allow Saint-Gobain to increase the density
of its geographical footprint on the fast-growing market of
timber-based building systems providing lightweight and rapid
implementation solutions. Following the recent acquisition of
timber construction specialist Brüggemann in Germany, Saint-Gobain
therefore continues to grow on this dynamic lightweight
construction market thanks to its solutions for sustainability and
performance.
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 and 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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END
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September 30, 2021 12:08 ET (16:08 GMT)
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