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SGO Cie de SaintGobain

78.70
0.94 (1.21%)
Last Updated: 10:28:55
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
  0.94 1.21% 78.70 78.70 78.74 78.70 77.88 78.00 153,729 10:28:55

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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