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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

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

 

 

 

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Date   Source Headline
6th Mar 20195:34 pmRNSIssue of Debt
6th Mar 20199:01 amRNSStabilisation Notice
5th Mar 20195:42 pmRNSProspectus Supplement
21st Feb 20195:13 pmRNSAnnual Results
11th Jan 20197:06 amRNSNew facility
10th Jan 20195:42 pmRNSDisposal
8th Jan 20197:12 amRNSDisposal
18th Dec 20188:48 amRNSAcquisition
30th Nov 20189:24 amRNSCancellation of shares
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23rd Nov 20188:23 amRNSDisposal
25th Oct 20185:02 pmRNS3rd Quarter Results
11th Oct 20183:57 pmRNSFinal Terms
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1st Oct 201810:43 amRNSStabilisation Notice - Compagnie de Saint-Gobain
20th Sep 20185:10 pmRNSAcquisition
20th Sep 20184:57 pmRNSFinal Terms
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31st Jul 20185:23 pmRNSDivestment
26th Jul 20185:15 pmRNSHalf-year Report
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22nd Jun 20182:34 pmRNSFinal Terms
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15th Jun 20188:47 amRNSCancelation of shares
24th May 20182:24 pmRNSFinal Terms
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26th Apr 20184:52 pmRNS1st Quarter Results
17th Apr 20184:58 pmRNSFinal Terms
13th Apr 20187:16 amRNSAcquisition
11th Apr 20185:08 pmRNSAcquisition
28th Mar 20185:02 pmRNSCapex
22nd Mar 20183:14 pmRNSIssue of Debt
19th Mar 20189:04 amRNSAcquisition
13th Mar 20184:57 pmRNSIssue of Debt
2nd Mar 20187:00 amRNSProspectus Supplement
1st Mar 20184:53 pmRNSAcquisition
22nd Feb 20185:04 pmRNS2017 Results
25th Jan 20184:52 pmRNSNew capacity
11th Jan 20185:12 pmRNSAcquisition
20th Dec 20174:50 pmRNSIssue of Debt
19th Dec 20177:27 amRNSAcquisition
6th Dec 20174:49 pmRNSAcquisition
4th Dec 20177:04 amRNSAcquisition

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