Saint-Gobain : Lapeyre: not delivering the goods any more
>Exclusive negotiations to divest Lapeyre - Starting another new chapter. Saint-Gobain has begun exclusive negotiations with Mutares to sell Lapeyre based on a firm and irrevocable offer. The deal could be finalised in Q1 2021. Lapeyre has around 3,500 employees and operates 10 plants and 126 stores in France. The French subsidiary, which specialises in home improvement, generated revenues of € 641m and an EBIT loss of € 34m in 2019. With this deal, the group is set ...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.
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