Compagnie de Saint-Gobain Disposal (3808H)
April 05 2022 - 12:08PM
UK Regulatory
TIDMCOD
RNS Number : 3808H
Compagnie de Saint-Gobain
05 April 2022
PRESS RELEASE
April 5, 2022
SAINt-Gobain DIVESTS ITS DISTRIBUTION BUSINESS IN POLAND
Saint-Gobain Group has entered into an agreement for the sale of
Tadmar, its Polish distribution brand specialized in plumbing,
heating and sanitaryware products, to the Polish company 3W.
In 2021, Tadmar generated revenues of around EUR100 million. It
has around 50 sales outlets and 2 logistic centers and employs 460
people.
This divestment marks the complete exit of Saint-Gobain from
distribution in Poland.
The finalization of this transaction is subject to approval by
the Polish Office for Competition and Consumer Protection and is
expected to be completed by the end of 2022.
This transaction is part of Saint-Gobain's continued business
profile optimization strategy, in line with the "Grow & Impact"
plan objectives.
ABOUT SAINT-GOBAIN
Worldwide leader in light and sustainable construction,
Saint-Gobain designs, manufactures and distributes materials and
services for the construction and industrial markets. Its
integrated solutions for the renovation of public and private
buildings, light construction and the decarbonization of
construction and industry are developed through a continuous
innovation process and provide sustainability and performance. The
Group's commitment is guided by its purpose, "MAKING THE WORLD A
BETTER HOME".
EUR44.2 billion in sales in 2021
166,000 employees, locations in 75 countries
Committed to achieving Carbon Neutrality by 2050
For more information about Saint-Gobain
visit www.saint-gobain.com and follow us on Twitter
@saintgobain
Analyst/Investor relations Press relations
+33 1 88 54
29 77
+33 1 88 54
19 09
Vivien Dardel +33 1 88 54 +33 1 88 54
Floriana Michalowska 15 49 26 83
Christelle Gannage +33 1 88 54 Patricia Marie +33 1 88 54
Alix Sicaud 38 70 Susanne Trabitzsch 27 96
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END
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