Acquisition
July 11 2003 - 4:21AM
UK Regulatory
RNS Number:4423N
Compagnie de Saint-Gobain
11 July 2003
press
release
SAINT-GOBAIN ACQUIRES DUBOIS MATERIAUX
Saint-Gobain's Building Distribution division announces the acquisition, by
Point.P, of Dubois Materiaux (Kingfisher group).
Dubois Materiaux, merchant specialised in the distribution of timber, board and
insulating materials, had a turnover of 246 million euros in 2002 and employs
795 people. Its network comprises 14 locations around France.
The acquisition of Dubois Materiaux fits in with the Point.P group's growth
strategy and comes to complete its offering on the Timber-Board and Insulation
market.
The acquisition finalisation is subject to the prior consent of the French
antitrust authorities.
Saint-Gobain's Building Distribution division had a turnover of 11 billion euros
in 2002 and employs over 48,000 people. Today, it is the leading distributor of
building materials in Europe, with a network of 2,800 outlets located in 14
countries. Its main brands are Point.P, Lapeyre, La Plateforme du Batiment,
Jewson and Raab Karcher.
Point.P is the number one distributor of building materials in France. Its
trading network comprises approximately 1400 sales outlets.
July 11, 2003
Investor Relations Department
Florence TRIOU-TEIXEIRA Tel. :+33 1 47 62 45 19 - mailto:
florence.triou@saint-gobain.com
Alexandre ETUY Tel.: +33 1 47 62 37 15 - mailto:
alexandre.etuy@saint-gobain.com
Fax: +33 1 47 62 50 62
This information is provided by RNS
The company news service from the London Stock Exchange
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