TIDMCOD

RNS Number : 8779N

Compagnie de Saint-Gobain

04 October 2021

PRESS RELEASE

October 4, 2021

Saint-gobain ACQUIRES RABONI NORMANDIE

IN france AND ENHANCES POINT.P's footprint

Saint-Gobain has completed its acquisition of RABONI Normandie, a multi-specialist distributor of construction materials on the dynamic residential renovation and energy efficiency market in France.

RABONI Normandie had sales of approximately EUR30 million in 2020, around 12 points-of-sale, and more than 100 employees. These points-of-sale will enhance Point.P's geographical presence in Normandy, where it already has a network of 70 points-of-sale.

This acquisition therefore allows Saint-Gobain to strengthen its positions on the distribution market in France and enhance its offer to best meet the growing needs of tradespeople and their customers. Saint-Gobain is currently the leading distributor of construction materials in France, with a network of over 2,000 points-of-sale.

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 .

 
 
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October 04, 2021 02:05 ET (06:05 GMT)

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