REG - Compagnie St-Gobain - Disposal <Origin Href="QuoteRef">SGOB.PA</Origin>
RNS Number : 5881BCompagnie de Saint-Gobain07 October 2015October 7, 2015
Sale of Gallhfer Dach GmbH in Germany
Saint-Gobain has signed an agreement with the investment fund Palero GmbH to sell Gallhfer Dach GmbH, its specialist roofing product distributor in Germany which reported sales of 149 million in 2014.
This transaction, which should be completed by the end of the year, is fully in line with Saint-Gobain Building Distribution's strategy of optimizing its portfolio by divesting non-core assets presenting few synergies with its other businesses, and bolstering its leading positions in Europe and in Brazil.
ABOUT SAINT-GOBAIN
In 2015, Saint-Gobain is celebrating its 350th anniversary, 350 reasons to believe in the future. Backed by its experience and its capacity to continuously innovate, Saint-Gobain, the world leader in the habitat and construction market, designs, manufactures and distributes high-performance and building materials providing innovative solutions to the challenges of growth, energy efficiency and environmental protection. With 2014 sales of 41 billion, Saint-Gobain operates in 66 countries and has over 180,000 employees. For more information about Saint-Gobain, visit www.saint-gobain.comand the twitter account @saintgobain, or the download tablet and mobile phone app "Saint-Gobain Shareholder".
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