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CODYY Compagnie de Saint Gobain (PK)

16.80
0.43 (2.63%)
03 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Compagnie de Saint Gobain (PK) USOTC:CODYY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.43 2.63% 16.80 16.64 16.81 16.84 16.66 16.71 376,105 21:00:23

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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