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Pin to quick picksSaint Gobain Or Regulatory News (COD)

Share Price Information for Saint Gobain Or (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
18th Mar 201310:23 amRNSFY 2012 Consolidated Financial Statements
7th Mar 20139:00 amRNSDisposal
6th Mar 20134:48 pmRNSNew plant
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6th Jun 20127:00 amRNSFinal Terms
1st Jun 20125:17 pmRNSCancellation of shares
31st May 20125:29 pmRNSBonds Issue
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3rd May 20124:50 pmRNS1st Quarter Results
30th Mar 20129:16 amRNSDisposal
27th Mar 20124:02 pmRNSPublication of Final Terms
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2nd Mar 201210:01 amRNSFY 2011 Consolidated Financial Statements
19th Jan 20128:39 amRNSFinal Terms EUR100M 4,5% Notes Tranche 3
19th Jan 20128:38 amRNSFinal Terms 4.5% Bonds Tranche4
18th Jan 20123:17 pmRNSFinal Terms of 2019 MTN Programme
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25th Oct 20115:10 pmRNSThird Quarter Sales Results
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21st Sep 20115:04 pmRNSIssue of Debt
31st Aug 20114:54 pmRNSNew plant
18th Aug 201111:04 amRNSSupplement n°1 to MTN Prospectus

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