Saint-Gobain has entered into exclusive negotiations with BME (
In 2019,
Operating under the brands
BME, one of
The transaction is subject to approval by the European competition authority and to information and consultation of the employee representatives of the relevant Dutch entities. The transaction is
intended to be finalized by the end of the year 2021.
It will be based on an enterprise value of
This divestment is part of Saint-Gobain's continued portfolio optimization strategy to enhance the Group's growth and profitability profile.
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.
More than 170,000 employees, located in 70 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
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