Brief: Saint Gobain Reorganizes German Construction Chemicals Activities
08/09/2025 17:12
Sept 8 (Reuters) - Compagnie de Saint Gobain SA SGOB.PA: REORGANIZES ITS CONSTRUCTION CHEMICALS BUSINESS IN GERMANY TO ACCELERATE GROWTH AND SYNERGIES INTEGRATION OF ALL OTHER CONSTRUCTION CHEMICALS ACTIVITIES IN GERMANY, UNDER THE WEBER, GCP AND CHRYSO BRANDS TRANSFER OF THE MORTIERS SECS FROM SAINT-GOBAIN WEBER GMBH TO " FRANKEN MAXIT MAUERMÖRTEL GMBH & CO. KG " TRANSACTION IS EXPECTED TO CLOSE BY THE END OF SEPTEMBER 2025 AFTER TRANSACTION, JOINT VENTURE WILL HAVE 17 SITES IN GERMANY, CZECH REPUBLIC, WITH MORE THAN 1,200 EMPLOYEES Source text: ID:nNDL3hD5Dg Further company coverage: SGOB.PA (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))