COD Compagnie De Saint-gobain

TIDMCOD

RNS Number : 2307E

Compagnie de Saint-Gobain

05 July 2021

PRESS RELEASE

July 5, 2021

SAINT-GOBAIN DIVESTS DISTRIBUTION BUSINESSES IN SPAIN

Saint-Gobain has finalized the sale of two distribution brands in Spain: La Plataforma de la Construccion to the BigMat group and Discesur to Group Jorge Fernandez in association with Group Terrapilar. With 16 outlets and close to 700 employees, these two brands realized a turnover of approximately EUR140 million in 2020.

These transactions come after the sale of the Sanigrif and Saniplast brands announced in February 2021. They are part of Saint-Gobain's continued portfolio optimization strategy to enhance the Group's growth and profitability profile.

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 
-----------------------  --------------  ---------------------  -------------- 
 
 

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

DISGZGGNVKDGMZM

(END) Dow Jones Newswires

July 05, 2021 12:07 ET (16:07 GMT)

Grafico Azioni Compagnie De Saint-gobain (LSE:COD)
Storico
Da Mar 2024 a Apr 2024

Grafico Azioni Compagnie De Saint-gobain (LSE:COD)
Storico
Da Apr 2023 a Apr 2024