Saint-Gobain : The more you eat, the hungrier you get
>New acquisition in building chemicals - Saint-Gobain announced it has reached a definitive agreement to acquire FOSROC, an unlisted player in construction chemicals for $ 1.025bn (or € 960m) in cash. The acquisition will lift its revenues in building chemicals to € 6.2bn for a presence in 73 countries (vs € 5.2bn). Saint-Gobain is targeting synergies of $ 54m. The EV/EBITDA ratio works out at 11.3x in 2024 and should drop to 7.3x factoring in synergies out 3 years a...Compagnie de Saint-Gobain manufactures, produces, and distributes industrial materials. Co.'s activities are divided into four sectors: Innovative Materials (Co. makes, processes and sells glass and glazing products for the building, the automotive and solar energy industries; Co. also manufactures Ceramics and Plastics, Abrasives, and Textiles), Construction Products (Co. offers products for the Insulation, Gypsum, Exterior Products, Pipe and Industrial Mortars), Building Distribution (Co. distributes building materials (plumbing, heating and sanitaryware products) and ceramic tiles), and Packaging - Verallia (Co. manufactures glass containers and jars for foodstuffs and beverages).
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.