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Compagnie de Saint-Gobain

M&A Activity Oct 16, 2019

1640_rns_2019-10-16_69154a86-b8ec-42f0-8641-c39bbed1a774.html

M&A Activity

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National Storage Mechanism | Additional information

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RNS Number : 0417Q

Compagnie de Saint-Gobain

16 October 2019

PRESS RELEASE

October 16, 2019

Saint-Gobain accelerates ITS development in MORTARS IN PERU

Saint-Gobain has just closed the acquisition of 100% of the mortars division of the Celima group in Peru, a market where Saint-Gobain has been present since 2014 through its Weber brand. The mortars division acquired is a leader in the country's tiling adhesives market and operates three plants in Lima, Arequipa and Trujillo. In 2018, it generated approximately €25 million in sales and has around 100 employees.

This acquisition is in line with the Group's strategy of deepening its footprint in emerging countries, and allows Saint-Gobain to accelerate its development and expand its offering in Peru in a fast-growing construction market. The Group is already a major player on the country's glass and plasterboard markets.

ABOUT SAINT-GOBAIN

Saint-Gobain designs, manufactures and distributes materials and solutions which are key ingredients in the wellbeing of each of us and the future of all. They can be found everywhere in our living places and our daily life: in buildings, transportation, infrastructure and in many industrial applications. They provide comfort, performance and safety while addressing the challenges of sustainable construction, resource efficiency and climate change.

€41.8 billion in sales in 2018

Operations in 68 countries

More than 180,000 employees

For more information about Saint-Gobain

Visit www.saint-gobain.com

and follow us on Twitter @saintgobain

Analyst/Investor relations Press relations
Vivien Dardel

Floriana Michalowska

Christelle Gannage
+33 1 47 62 44 29

 +33 1 47 62 35 98

 +33 1 47 62 30 93
Laurence Pernot

Patricia Marie

Susanne Trabitzsch
+33 1 47 62 30 10

+33 1 47 62 51 37

+33 1 47 62 43 25

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

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