The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSaint Gobain Or Regulatory News (COD)

Share Price Information for Saint Gobain Or (COD)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 79.775
Bid: 0.00
Ask: 0.00
Change: 0.00 (0.00%)
Spread: 7.95 (10.488%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 79.775
COD Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Acquisition

16 Mar 2023 16:54

RNS Number : 2740T
Compagnie de Saint-Gobain
16 March 2023
 

 

 
 

 

 

 

SAINT-GOBAIN AND DALSAN

merge their activities IN TURKEYTO CREATE A LEADER IN PLASTER AND PLASTERBOARD

 

Saint-Gobain and Dalsan have obtained the necessary approval from competition authorities to merge their plaster and plasterboard activities in Turkey.

 

Together, Saint-Gobain Rigips and Dalsan Alçi generated revenues in excess of €160 million in 2022. They will benefit from a leadership position with an annual production capacity of 100 million square meters for plasterboard, 2 million tons for plaster and 50 million meters for metal profiles, following the completion of a capital expenditure project at the new plant in Turgutlu (near Izmir) later in 2023.

 

They will benefit from a combined know-how, an enlarged production capacity and an optimized modern industrial footprint in plasterboard and plaster. Their customers in Turkey or export clients with growing needs in the Eastern Mediterranean will have access to the most innovative and complete portfolio of light and sustainable solutions for the construction and renovation of the building envelope as well as internal partitioning.

 

Present in Turkey since 1998, Saint-Gobain is currently operating 16 plants across the country and holds leadership positions in insulation, gypsum and construction chemicals. Saint-Gobain employs around 1,300 people in Turkey.

 

This partnership is in line with Saint-Gobain's "Grow & Impact" strategy aiming to both strengthen the Group's leadership and accelerate its growth by enriching its range of solutions for light and sustainable construction.

 

 

 

ABOUT DALSAN

Established in 1932, Dalsan is the leading manufacturer in Turkey and a major player for export with its comprehensive range of innovative and high performance solutions including plasters, mortars with silo system, plasterboards, exterior sheathing boards, flooring, roofing and steel framing. Dalsan is currently operating 2 plants in Gebze and Ankara and has an ongoing investment in Manisa Turgutlu that will bring extra capacity and geographical advantage following its completion in 2023. Leading the sector with its innovations, Dalsan Alçı makes a difference for construction solutions from floor to roof and wall to wall.

 

ABOUT SAINT-GOBAIN

Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufacturesand 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 decarbonizationof 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 Twitter @saintgobain

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
ACQJFMFTMTABBTJ
Date   Source Headline
5th Aug 20117:00 amRNSH1-2001 Financial Report, incl. statements
28th Jul 20115:40 pmRNSHalf Yearly Report
27th Jul 20114:59 pmRNSAcquisition
20th Jul 20117:56 amRNSDevelopment
12th Jul 20111:44 pmRNSSubmission of 2010 annual report on NSM
26th May 20117:57 amRNSAgreement
16th May 20115:24 pmRNSDevelopments
10th May 20118:06 amRNSSaint-Gobain's Automotive Glass business (Sekurit)
28th Apr 20115:14 pmRNS1st Quarter Results
25th Feb 20117:00 amRNS2010 Annual Results
4th Jan 20117:00 amRNSSaint-Gobain finalizes the divestiture of its Adva
8th Dec 20105:13 pmRNSSAINT-GOBAIN SIGNS WITH 24 BANKS A EURO 3 BILLION
26th Nov 20108:03 amRNSSaint-Gobain and NSG Group Pursue Joint Expansion
10th Nov 20107:49 amRNSRe Alliance
21st Oct 20105:03 pmRNS3rd Quarter Results
21st Oct 20105:03 pmRNS3rd Quarter Results
13th Oct 20105:06 pmRNSProcedure for a possible IPO of the Packaging Sect
12th Oct 20107:55 amRNSRe Joint Venture
11th Oct 20107:56 amRNSRe Joint Venture
8th Oct 20103:57 pmRNSPublication of Final Terms
8th Oct 20103:54 pmRNSExchange and Cancellation of Notes
29th Sep 20106:00 pmRNSIssue of Debt
29th Sep 20105:51 pmRNSTender Offer
22nd Sep 20109:35 amRNSTender Offer by BNP Paribas for Saint-Gobain Notes
21st Sep 20105:58 pmRNSConsolidated Financial Statements
30th Jul 20107:00 amRNSHalf Yearly Report
1st Jul 20107:00 amRNSDividend Declaration
28th Jun 20104:50 pmRNSDisposal
7th Jun 20104:51 pmRNSNew plant
3rd Jun 20105:59 pmRNSAppointment
3rd Jun 20105:56 pmRNSAGM Statement
25th May 20105:21 pmRNSNew Manufacturing facility
26th Apr 20105:13 pmRNSRe Joint Venture
22nd Apr 20104:58 pmRNS1st Quarter Results
16th Apr 20109:07 amRNSAmendment to syndicated loan
29th Mar 20105:07 pmRNSAcquisition
25th Feb 20106:26 pmRNSFinal Results
22nd Oct 20096:19 pmRNS3rd Quarter Results
12th Aug 20099:24 amRNSRe Joint Venture
23rd Jul 20096:15 pmRNSHalf Yearly Report
29th Jun 20095:30 pmRNS2008 dividend reinvestment
15th Jun 20095:34 pmRNSRefinancing
4th Jun 20096:23 pmRNSAGM Statement
7th May 20095:34 pmRNSSuccessful launch of 4 year EUR 750m bonds
2nd Apr 20097:57 amRNSRe Agreement
19th Mar 20095:31 pmRNSAGM Statement
18th Mar 20099:41 amRNSResult of Equity Issue
17th Mar 20095:16 pmRNSAnnouncement re: Rights Issue
25th Feb 20097:00 amRNSDisclosure of Short Position
20th Feb 20097:00 amRNSFinal Results

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.