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SGO Cie de SaintGobain

87.50
-0.40 (-0.46%)
22 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Cie de SaintGobain EU:SGO Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.40 -0.46% 87.50 86.72 88.00 88.78 86.00 88.34 1,570,605 16:40:00

Saint-Gobain Acquires Two Flooring Companies

18/01/2024 5:58pm

Dow Jones News


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By Pierre Bertrand

 

Compagnie de Saint-Gobain said that it has acquired two companies active in the non-residential flooring market.

The French building-materials company said it acquired French manufacturer of resin-based flooring solutions R.SOL and Technical Finishes from South Africa.

Both companies generated a combined turnover of around 20 million euros ($21.8 million) in 2023, and will add to Saint-Gobain's construction chemicals offerings, it said.

Technical Finishes is a leading South African player in resin flooring solutions, Saint-Gobain said.

The company added that the acquisition of R.SOL is expected by the end of the first half of 2024.

Saint-Gobain didn't disclose financial details.

 

Write to Pierre Bertrand at pierre.bertrand@wsj.com

 

(END) Dow Jones Newswires

January 18, 2024 12:43 ET (17:43 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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