REG - Compagnie St-Gobain - Disposal

Compagnie de Saint Gobain SAAnnouncement

05/04/2022 17:15

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RNS Number : 3808H  Compagnie de Saint-Gobain  05 April 2022

PRESS RELEASE

April 5, 2022

 

 

SAINt-Gobain DIVESTS ITS DISTRIBUTION BUSINESS IN POLAND

 

 

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 marks the complete exit of Saint-Gobain from distribution in
Poland.

 

The finalization of this transaction is subject to approval by the Polish
Office for Competition and Consumer Protection and is expected to be completed
by the end of 2022.

 

This transaction is part of Saint-Gobain's continued business profile
optimization strategy, in line with the "Grow & Impact" plan objectives.

 

 

 

ABOUT SAINT-GOBAIN

Worldwide leader in light and sustainable construction, Saint-Gobain designs,
manufactures and distributes materials and services for the construction and
industrial markets. Its integrated solutions for the renovation of public and
private buildings, light construction and the decarbonization of construction
and industry are developed through a continuous innovation process and provide
sustainability and performance. The Group's commitment is guided by its
purpose, "MAKING THE WORLD A BETTER HOME".

 

€44.2 billion in sales in 2021

166,000 employees, locations in 75 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    Susanne Trabitzsch     +33 1 88 54 27 96

 Christelle Gannage      +33 1 88 54 15 49

 Alix Sicaud             +33 1 88 54 38 70

 

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