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Pin to quick picksSaint Gobain Or Regulatory News (COD)

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Acquisition

15 Jan 2024 07:22

RNS Number : 6725Z
Compagnie de Saint-Gobain
15 January 2024
 

 

Saint-Gobain enhances its digital solutions portfolio to accelerate its customers' decarbonization

 

 

Saint-Gobain has entered into a definitive agreement to acquire Glass Service a.s., a leading provider of digital solutions for glass furnaces, including advanced control systems and simulation software, which enables customers to reduce their energy consumption.

 

Closing of the transaction is subject to antitrust approvals and is expected by the end of the first half of 2024.

 

It will complement Saint-Gobain's range of digital services offering predictive, diagnostic, and data-driven solutions to improve energy efficiency for its customers and reduce the carbon footprint of their products and processes:

- Saint-Gobain recently invested in 3 start-ups for breakthrough innovation through its venture arm NOVA: Sysdyne Technologies to enhance productivity and traceability for ready-mix concrete production and delivery thanks to a cloud-native software platform, and Plantformance and Newboot to improve manufacturing performance thanks to a comprehensive suite of services and software programs as well as real-time data collection. These partnerships enable Saint-Gobain to integrate cutting-edge technologies, such as IoT (Internet of Things), artificial intelligence (AI), and digital twins which can result in a reduction of up to 10% in a factory's energy consumption.

- Since its acquisition of GCP in October 2022, Saint-Gobain owns and operates VERIFI® in the US, Europe and Asia-Pacific: a concrete management system which leverages IoT technology to ensure consistent quality and sustainability in ready-mix concrete production and delivery.

 

In addition, the SOLU+ and CAP RENOV digital tools sold by Saint-Gobain's merchanting businesses in France (Point.P in particular) continue to see growing success with trade professionals and renovation companies with about 90% of worksites eligible for MaPrimeRénov' having used the CAP RENOV advisory, layout and estimation tool in 2023.

 

These digital solutions contribute to the goals of Saint-Gobain's "Grow & Impact" strategic plan aiming to provide end-to-end solutions to its customers and accelerate the decarbonization of their products and processes.

 

 

About Saint-Gobain

Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group's commitment is guided by its purpose, "MAKING THE WORLD A BETTER HOME".

 

?51.2 billion in sales in 2022

168,000 employees, locations in 75 countries

Committed to achieving Carbon Neutrality by 2050

 

For more information about Saint-Gobain, visit www.saint-gobain.com and follow us on X @saintgobain

 

 

Analyst/investor relations

Press relations

Vivien Dardel:

+33 1 88 54 29 77

Patricia Marie:

+33 1 88 54 26 83

Floriana Michalowska:

+33 1 88 54 19 09

Laure Bencheikh:

+33 1 88 54 26 38

Alix Sicaud:

+33 1 88 54 38 70

Flavio Bornancin-Tomasella:

+33 1 88 54 27 96

James Weston: 

+33 1 88 54 01 24

 

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ACQBAMRTMTTBMBI
Date   Source Headline
25th Apr 20245:16 pmRNS1st Quarter Results
3rd Apr 20245:44 pmRNSAcquisition
26th Mar 20246:01 pmRNSIssue of Debt
15th Mar 20247:16 amRNSVery low carbon siding production in the US
14th Mar 20247:13 amRNSAcquisition
1st Mar 20245:36 pmRNSDisposal
29th Feb 20245:23 pmRNSAnnual Financial Report
26th Feb 20248:12 amRNSAcquisition
21st Feb 20249:07 amRNSSaint-Gobain in advanced talks to acquire CSR
6th Feb 20245:27 pmRNSAgreement
2nd Feb 20247:05 amRNSAcquisition
18th Jan 20245:07 pmRNSAcquisition
15th Jan 20247:22 amRNSAcquisition
15th Dec 20237:05 amRNSAcquisition
12th Dec 20237:11 amRNSAgreement
8th Dec 20235:58 pmRNSRevolving credit facility
7th Dec 20237:09 amRNSAcquisition
6th Dec 20236:05 pmRNSDisposal
23rd Nov 20235:27 pmRNSEvolution of Saint-Gobain’s governance
16th Nov 20236:22 pmRNSIssue of Debt
13th Nov 20239:59 amRNSAcquisition
7th Nov 20237:11 amRNSAgreement
26th Oct 20236:10 pmRNS3rd Quarter Results
10th Oct 20235:13 pmRNSCapital reduction
26th Sep 20234:51 pmRNSAcquisition
20th Sep 20234:57 pmRNSAgreement
1st Sep 20237:04 amRNSDisposal
21st Aug 20237:33 amRNSAcquisition
1st Aug 20237:12 amRNSDisposal
26th Jul 20235:49 pmRNSHalf-year Report
6th Jul 20234:46 pmRNSInvestment
3rd Jul 20237:18 amRNSDisposal
26th Jun 20234:53 pmRNSAcquisition
15th Jun 20237:08 amRNSAcquisition
12th Jun 20235:26 pmRNSAcquisition
9th Jun 20237:00 amRNSGM Statement
8th Jun 20237:03 amRNSDouble-digit operating margin expected for H1 2023
16th May 20234:55 pmRNSPower Purchase Agreement in India
27th Apr 20236:06 pmRNS1st Quarter Results
6th Apr 20235:04 pmRNSNew plant in Norway
30th Mar 20235:09 pmRNSDisposal
30th Mar 20237:13 amRNSFlat glass production using more than 30% hydrogen
16th Mar 20234:54 pmRNSAcquisition
1st Mar 20237:09 amRNSDisposal
23rd Feb 20235:05 pmRNSAnnual Financial Report
22nd Feb 20237:05 amRNSAcquisition
6th Feb 20237:00 amRNSPartnership between Saint-Gobain and AGC
30th Jan 20237:05 amRNSAcquisition
10th Jan 20237:06 amRNSIssue of Debt
4th Jan 20237:10 amRNSAcquisition

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