(IN BRIEF) Saint-Gobain has finalized the sale of its US CertainTeed Fence, Railing, and Decking Business (FRD) to Oldcastle APG, a CRH Company. The FRD business had sales of approximately €60 million in 2022 and operated from two industrial locations in Buffalo (New York) and Orem (Utah), with about 210 employees. This divestment aligns with Saint-Gobain’s “Grow & Impact” plan and its strategy to optimize its business profile.
(PRESS RELEASE) COURBEVOIE, 2-Aug-2023 — /EuropaWire/ —The FRD business generated sales of around €60 million in 2022, with two industrial locations in the Buffalo (New York) and Orem (Utah) areas, employing approximately 210 people.
These divestments are part of Saint-Gobain’s continued business profile optimization strategy, in line with its “Grow & Impact” plan.
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”
€51.2 billion in sales in 2022
168,000 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
Media Contact:
Analyst/ Investor relations:
Vivien Dardel: +33 1 88 54 29 77
Floriana Michalowska: +33 1 88 54 19 09
Alix Sicaud: +33 1 88 54 38 70
James Weston: +33 1 88 54 01 24
Press relations:
Patricia Marie: +33 1 88 54 26 83
Laure Bencheikh: +33 1 88 54 26 38
Flavio Bornancin-Tomasella: +33 1 88 54 27 96
SOURCE: Saint-Gobain
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