Saint-Gobain sells Dahl business to Kesko for $1.7 billion
Mon 07:36
Saint-Gobain sells Dahl business to Kesko for $1.7 billion June 15 (Reuters) - France-based construction group Saint-Gobain SGOB.PA agreed to sell its specialist distribution business in Sweden, Norway and Denmark, primarily under the Dahl brand, to Finnish retailer Kesko KESKOB.HE for €1.5 billion ($1.7 billion), the company said on Monday.
The deal is due to close in early 2027, subject to antitrust clearance and employee consultation.
($1 = €0.8615)
(Reporting by Lucie Barbier; Editing by Emelia Sithole-Matarise)
((Email: lucie.barbier@thomsonreuters.com))