Compagnie de Saint-Gobain — M&A Activity 2020

Sep 2, 2020

PRESS RELEASE

September 2, 2020

SAINT-GOBAIN STRENGTHENS ITS POSITION IN EXTERNAL INSULATION SYSTEMS AND INTERIOR FINISHING SOLUTIONS IN THE NETHERLANDS

Saint-Gobain announces the acquisition of Strikolith in the Netherlands, a company specialized in the production of external insulation systems, interior finishings and renovation products and solutions. In 2019, Strikolith achieved sales of close to €20 million. It employs about 50 people at one production site in the Netherlands.

The complementarity of Strikolith with Saint-Gobain's existing businesses enhances the Group's solution offering and in particular allows it to strengthen its offering in External Thermal Insulation Composite Systems (ETICS) and in construction chemicals in the Netherlands, reinforcing Saint-Gobain's leading position in energy-efficient renovation in Europe.

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.

€42.6 billion in sales in 2019 Operates in 68 countries More than 170,000 employees

For more information about Saint-Gobain

Visit www.saint-gobain.com and follow us on Twitter @saintgobain

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