Saint-Gobain Acquires Two Flooring Companies
19 January 2024 - 4:58AM
Dow Jones News
By Pierre Bertrand
Compagnie de Saint-Gobain said that it has acquired two
companies active in the non-residential flooring market.
The French building-materials company said it acquired French
manufacturer of resin-based flooring solutions R.SOL and Technical
Finishes from South Africa.
Both companies generated a combined turnover of around 20
million euros ($21.8 million) in 2023, and will add to
Saint-Gobain's construction chemicals offerings, it said.
Technical Finishes is a leading South African player in resin
flooring solutions, Saint-Gobain said.
The company added that the acquisition of R.SOL is expected by
the end of the first half of 2024.
Saint-Gobain didn't disclose financial details.
Write to Pierre Bertrand at pierre.bertrand@wsj.com
(END) Dow Jones Newswires
January 18, 2024 12:43 ET (17:43 GMT)
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