TIDMCOD

RNS Number : 8782H

Compagnie de Saint-Gobain

01 August 2023

 
 
 

SAINT-GOBAIN DIVESTS ITS FENCE, RAILING AND DECKING BUSINESS IN THE UNITED STATES

Saint-Gobain has today completed the sale of its US CertainTeed Fence, Railing and Decking Business (FRD), to Oldcastle APG, a CRH Company

The FRD business generated sales of around EUR60 million in 2022, with two industrial locations in the Buffalo (New York) and Orem (Utah) areas, employing approximately 210 people.

These divestments are part of Saint-Gobain's continued business profile optimization strategy, 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".

EUR51.2 billion in sales in 2022

168,000 employees, locations in 75 countries

Committed to achieving Carbon Neutrality by 2050

For more information about Saint-Gobain,

visit www.saint-gobain.com and follow us on Twitter @saintgobain

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(END) Dow Jones Newswires

August 01, 2023 02:12 ET (06:12 GMT)

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