RNS Number : 1230I
Compagnie de Saint-Gobain
14 October 2024
 

 

SAINT-GOBAIN has REACHED a binding agreement to acquire KILWAUGHTER, a leading façade MORTARS player
in the UK and IRELAND

 

Saint-Gobain has reached a binding agreement to acquire Kilwaughter, a leading player in façade mortars in the UK and Ireland. It operates well-established and recognized brands including K Rend and K Systems.

 

This transaction will further strengthen Saint-Gobain's offering in the UK and Ireland in light and sustainable construction.

 

Kilwaughter operates one manufacturing facility near Larne in Northern Ireland and employs about 200 people with a strong focus on technical expertise and system specification. It generated revenues of around £50 million in 2024 (fiscal year ending April) and will be consolidated into the Northern Europe Region.

 

Closing of the transaction is expected in the first half 2025 and is subject to the satisfaction of customary closing conditions.

 

This acquisition is in line with Saint-Gobain's strategic plan, "Grow & Impact" which aims to both strengthen the Group's leadership and accelerate its growth by enriching its range of solutions for light and sustainable construction.

 

 

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".

 

€47.9 billion in sales in 2023

160,000 employees, locations in 76 countries

Committed to achieving Carbon Neutrality by 2050

 

For more information about Saint-Gobain, visit www.saint-gobain.com and follow us on X @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

Laure Bencheikh:

+33 1 88 54 26 38

Alix Sicaud:

+33 1 88 54 38 70

Yanice Biyogo: 

 +33 1 88 54 27 96

James Weston: 

+33 1 88 54 01 24

 

 
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
ACQMIBFTMTMBBAI
Compagnie De Saint-gobain (LSE:COD)
Gráfica de Acción Histórica
De Nov 2024 a Dic 2024 Haga Click aquí para más Gráficas Compagnie De Saint-gobain.
Compagnie De Saint-gobain (LSE:COD)
Gráfica de Acción Histórica
De Dic 2023 a Dic 2024 Haga Click aquí para más Gráficas Compagnie De Saint-gobain.