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RNS Number : 4766R Compagnie de Saint-Gobain 01 March 2023
SAINT-GOBAIN completes the sale
of its distribution business in the UK
Saint-Gobain has today completed the sale, announced on December 12(th), 2022,
of all its merchanting brands in the United Kingdom - including the builders
and timber merchant Jewson - to the Stark group. Saint-Gobain now no longer
has any distribution businesses in the United Kingdom.
These divestments are part of Saint-Gobain's continued business profile
optimization strategy to enhance the Group's growth and profitability in line
with its "Grow & Impact" plan.
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".
€51.2 billion in sales in 2022
170,000 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
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