REG - Compagnie St-Gobain - Acquisition

Compagnie de Saint Gobain SAAnnouncement

15/11/2021 07:05

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RNS Number : 3652S  Compagnie de Saint-Gobain  15 November 2021

PRESS RELEASE

 

November 15, 2021

 

 

SAINT-GOBAIN expands african footprint

in kenya and mauritius

 

 

Saint-Gobain has acquired a gypsum plant in Nairobi, Kenya. This will be
Saint-Gobain's first production site in Kenya, where it will also invest in a
construction chemicals production line on the same site.

 

Saint-Gobain has also acquired a majority stake in a.b.e.® Mauritius, a
leading producer - and a licensee of Chryso - of technical mortars, additives
and waterproofing products in Mauritius.

 

These acquisitions are fully in line with the "Grow & Impact" plan
unveiled at the beginning of October. They will strengthen the Group's
presence in Africa and accelerate its growth in the region by enriching its
range of solutions for light and sustainable construction. Saint-Gobain's
expanded industrial footprint in Africa now extends to 12 countries with 29
industrial sites - of which 9 new plants were opened over the last 2 years.

 

 

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.

 

€38.1 billion in sales in 2020

More than 167,000 employees, located in 72 countries

Committed to achieving Carbon Neutrality by 2050

 

For more information about Saint-Gobain

visit www.saint-gobain.com (http://www.saint-gobain.com) and follow us on
Twitter @saintgobain

 

 

 Analyst/Investor relations                   Press relations

 Vivien Dardel           +33 1 88 54 29 77    Patricia Marie              +33 1 88 54 26 83

 Floriana Michalowska    +33 1 88 54 19 09    Bénédicte Debusschere       +33 1 88 54 14 75

 Christelle Gannage      +33 1 88 54 15 49    Susanne Trabitzsch          +33 1 88 54 27 96

 

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