Disposal
Updated : 17:17
PRESS RELEASE
October 7, 2019
SAINT-GOBAIN COMPLETES THE SALE OF ITS OPTIMERA DISTRIBUTION
BUSINESS IN DENMARK
Saint-Gobain announces the completion of the sale of its Optimera construction materials distribution business in Denmark, which achieved annual sales of around €120 million in 2018, to Davidsens Tommerhandel.
This transaction is part of Saint-Gobain's portfolio optimization strategy within the framework of its new organization. Divestments completed or signed as of today by Saint-Gobain to increase its growth and profitability profile represent over €3.1 billion in sales, marking the continuation of divestments while the initial target of over €3 billion in sales by the end of the year has already been achieved.
ABOUT SAINT-GOBAIN
Saint-Gobain designs, manufactures and distributes materials and solutions which are key ingredients in the wellbeing of each of us and the future of all. They can be found everywhere in our living places and our daily life: in buildings, transportation, infrastructure and in many industrial applications. They provide comfort, performance and safety while addressing the challenges of sustainable construction, resource efficiency and climate change.
€41.8 billion in sales in 2018
Operations in 68 countries
More than 180,000 employees
For more information about Saint-Gobain
Visit www.saint-gobain.com
and follow us on Twitter @saintgobain
Analyst/Investor relations
|
Press relations | ||
Vivien Dardel Floriana Michalowska Christelle Gannage | +33 1 47 62 44 29 +33 1 47 62 35 98 +33 1 47 62 30 93 | Laurence Pernot Patricia Marie Susanne Trabitzsch | +33 1 47 62 30 10 +33 1 47 62 51 37 +33 1 47 62 43 25 |
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.