Compagnie de Saint-Gobain Acquisition (3652S)
November 15 2021 - 2:04AM
UK Regulatory
TIDMCOD
RNS Number : 3652S
Compagnie de Saint-Gobain
15 November 2021
PRESS RELEASE
November 15, 2021
SAINT-GOBAIN expands african footprint
in kenya and mauritius
Saint-Gobain has acquired a gypsum plant in Nairobi, Kenya. This
will be Saint-Gobain's first production site in Kenya, where it
will also invest in a construction chemicals production line on the
same site.
Saint-Gobain has also acquired a majority stake in a.b.e.(R)
Mauritius, a leading producer - and a licensee of Chryso - of
technical mortars, additives and waterproofing products in
Mauritius.
These acquisitions are fully in line with the "Grow &
Impact" plan unveiled at the beginning of October. They will
strengthen the Group's presence in Africa and accelerate its growth
in the region by enriching its range of solutions for light and
sustainable construction. Saint-Gobain's expanded industrial
footprint in Africa now extends to 12 countries with 29 industrial
sites - of which 9 new plants were opened over the last 2
years.
ABOUT SAINT-GOBAIN
Saint-Gobain designs, manufactures and distributes materials and
solutions for the construction, mobility, healthcare and other
industrial application markets. Developed through a continuous
innovation process, they can be found everywhere in our living
places and daily life, providing wellbeing, performance and safety,
while addressing the challenges of sustainable construction,
resource efficiency and the fight against climate change. This
strategy of responsible growth is guided by the Saint-Gobain
purpose, "MAKING THE WORLD A BETTER HOME", which responds to the
shared ambition of all the women and men in the Group to act every
day to make the world a more beautiful and sustainable place to
live in.
EUR38.1 billion in sales in 2020
More than 167,000 employees, located in 72 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
Analyst/Investor relations Press relations
+33 1 88 54 +33 1 88 54
29 77 26 83
+33 1 88 54 Patricia Marie +33 1 88 54
Vivien Dardel 19 09 Bénédicte 14 75
Floriana Michalowska +33 1 88 54 Debusschere +33 1 88 54
Christelle Gannage 15 49 Susanne Trabitzsch 27 96
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