PARIS, FRANCE: TotalEnergies has signed a 100 GW biomethane purchase agreement with Saint-Gobain France for a three-year period starting in 2024. The biomethane will be produced by TotalEnergies at its BioBéarn biomethane plant, which came on stream at the beginning of the year and whose production is certified sustainable by ISCC1 under the highest sustainability…
LONDON, UK: Saint-Gobain has entered into agreements for the sale of its glass processing businesses Eckelt Glas and Glas Ziegler in Austria to the privately-owned German group AEQUITA, as well as the sale of its holding in the co-venture Glaskontor Erfurt – a glass processing business in Germany – to the CALEOGLAS Group. The closing…
LONDON, UK: Saint-Gobain and the Turkish group Dalsan have entered into a joint-venture agreement pursuant to which they will merge their plaster and plasterboard activities in Turkey. Together, Saint-Gobain Rigips and Dalsan Alçi generated revenues in excess of €100 million in 2021. They will benefit from a leadership position with an annual production capacity of…
LONDON, UK: Saint-Gobain Group has entered into an agreement for the sale of Tadmar, its Polish distribution brand specialized in plumbing, heating and sanitaryware products, to the Polish company 3W. In 2021, Tadmar generated revenues of around €100 million. It has around 50 sales outlets and 2 logistic centers and employs 460 people. This divestment…
MUNICH: Saint-Gobain has entered into binding agreements for the sale of its specialist tile distributor in the UK – CTD Tile Group to Aurelius Investments. Completion is expected by the end of the first quarter of 2022. CTD Tile Group employs 580 people and has 89 outlets, generating a turnover of approximately €115 million in…
LONDON, UK: Saint-Gobain has sold its regional glass transformation business Glassolutions in Denmark to the German glass manufacturer Semcoglas Holding GmbH. Glassolutions in Denmark employs approximately 160 people across 4 distribution sites and 2 production sites, with sales of around €30 million in 2020. This transaction is part of Saint-Gobain’s continued portfolio optimization strategy to…
LONDON, UK: Saint-Gobain has entered into a definitive agreement to acquire all of the outstanding shares of and GCP Applied Technologies for $32 per share, in cash, in a transaction valued at approximately $2.3bn. This acquisition is a decisive step in establishing Saint-Gobain’s leading position worldwide in construction chemicals with total sales of more than…
LONDON, UK: Saint-Gobain has acquired a minority stake in Livspace, a digital-first company that is rapidly growing in India and South-East Asia. Livspace is a digital-first intermediation platform offering end-to-end solutions for home interiors, from design to installation. Founded in 2015, Livspace is a market leader in India and has grown its business rapidly by…
LONDON, UK: Saint-Gobain has entered into an agreement to acquire IMPAC, a leader in construction chemicals solutions in Mexico. IMPAC recorded sales of close to €50 million in 2020. It operates one plant in Monterrey and employs about 630 people. This acquisition is fully in line with the “Grow & Impact” plan unveiled on October…
LONDON, UK: 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 €160 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…
LONDON, UK: Saint-Gobain announced the sale of Saint-Gobain Glassolutions Objekt-Center, which specializes in glass processing operations as part of the Glassolutions network in Germany, to the German privately-owned AEQUITA group based in Munich. This sale concerns two sites: Döring Berlin and Radeburg, which employ a total of almost 200 people and generated €20 million in…
LONDON: 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, a news release said. 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…