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

The Fenzi Group is proud to showcase a legacy of innovation and quality, with advanced technologies that address market demands for high-performance and sustainable glass solutions.
From Green Field to one of the Industry Leaders in New Zealand
Saint-Gobain Glass is excited to introduce INSIO®, the latest innovation in its product portfolio.
Schneider Electric and Saint-Gobain have joined forces to deploy the first-of-its kind software-defined automation system for glass production.
Dow broadens range of high-performance sealants to create a more holistic facade offering.
Saint-Gobain Glass showcases pioneering sustainable solutions through three themed areas: “DECARBONISATION & CIRCULARITY”, “PERFORMANT SOLUTIONS”, and “EASY TO USE”.

Add new comment

From industry