Report
Sven Edelfelt

Saint-Gobain : An unexpected divestment to start 2021 on a firm footing

>Exclusive negotiations for the acquisition of the distribution business in the Netherlands - Saint-Gobain has entered into exclusive negotiations with Building Materials Europe (formerly CRH Distribution) with a view to the divestment of Saint-Gobain Building Distribution the Netherlands. The transaction could be finalised by the end of 2021. Operating under the brands Raab Karcher, Tegelgroep Nederland, Galvano and Van Keulen, this subsidiary boasts 38 points of s...
Underlying
Compagnie de Saint-Gobain SA

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).

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Sven Edelfelt

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