Sale of Gallhöfer Dach GmbH in Germany

Date: 9 October 2015

Saint-Gobain has signed an agreement with the investment fund Palero GmbH to sell Gallhöfer Dach GmbH, its specialist roofing product distributor in Germany which reported sales of €149 million in 2014.

This transaction, which should be completed by the end of the year, is fully in line with Saint-Gobain Building Distribution’s strategy of optimizing its portfolio by divesting non-core assets presenting few synergies with its other businesses, and bolstering its leading positions in Europe and in Brazil.ABOUT SAINT-GOBAINIn 2015, Saint-Gobain is celebrating its 350th anniversary, 350 reasons to believe in the future.Backed by its experience and its capacity to continuously innovate, Saint-Gobain, the world leader in the habitat and construction market, designs, manufactures and distributes high-performance and building materials providing innovative solutions to the challenges of growth, energy efficiency and environmental protection. With 2014 sales of €41 billion, Saint-Gobain operates in 66 countries and has over 180,000 employees. For more information about Saint-Gobain, visit www.saint-gobain.com and the twitter account @saintgobain, or the download tablet and mobile phone app “Saint-Gobain Shareholder”.

600450 Sale of Gallhöfer Dach GmbH in Germany glassonweb.com

See more news about:

Others also read

Maud Thuaudet appointed Group Chief Financial Officer. Sreedhar N. appointed CEO for the Asia-Pacific Region.
New dynamic glass delivers true-to-life views & neutral aesthetics
Maltha Glass Recycling, a leading European recycler and Renewi subsidiary, announces a successful pilot test with Saint-Gobain.
On 12 February 2025, AGC and Saint-Gobain officially inaugurated the Volta production line in the presence of local authorities, stakeholders and representatives of both companies.
Saint-Gobain Glass is pleased to announce the launch of Climalit® Plus in Morocco, an innovative double-glazing solution with solar control designed to enhance energy efficiency in modern homes.
Saint-Gobain Glass France recently carried out a successful trial at its Aniche plant, integrating a bioliquid from the wood industry as an alternative energy source in the manufacture of flat glass for the building sector.

Add new comment

From industry