on SAINT-GOBAIN (EPA:SGO)
Saint-Gobain Acquires Kilwaughter in Construction Chemicals Sector
Saint-Gobain has successfully completed its acquisition of Kilwaughter, a notable entity in the construction chemicals domain, focusing on façade mortars, in the UK and Ireland. Kilwaughter is renowned for its established brands, K Rend and K Systems. In the 2024 fiscal year ending in April, Kilwaughter generated revenues of approximately £50 million. This acquisition will be integrated into Saint-Gobain's Northern Europe Region operations.
The transaction aligns with Saint-Gobain's strategic "Grow & Impact" plan, aimed at enhancing leadership and fostering growth in sustainable construction solutions. This acquisition strengthens Saint-Gobain's presence in the UK and Ireland, reinforcing its commitment to lightweight and sustainable construction.
R. H.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all SAINT-GOBAIN news