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19 Jun 2019 07:54
PRESS RELEASE
June 19, 2019
SAINT-GOBAIN divests its OPTIMERA distribution
business in DENMARK
Saint-Gobain has signed an agreement with Davidsens Tommerhandel to sell its Optimera construction materials distribution business in Denmark.
Optimera Denmark has 17 outlets as well as construction materials warehouses and logistics centers, and had sales of around €120 million in 2018.
Saint-Gobain retains a strong presence in Denmark's distribution market through its Brødrene Dahl brand.
This transaction is in line with Saint-Gobain's portfolio optimization strategy aimed at divesting businesses representing sales of more than €3.0 billion by end-2019. The transaction should be effective during the second half of 2019.
ABOUT SAINT-GOBAIN
Saint-Gobain designs, manufactures and distributes materials and solutions which are key ingredients in the wellbeing of each of us and the future of all. They can be found everywhere in our living places and our daily life: in buildings, transportation, infrastructure and in many industrial applications. They provide comfort, performance and safety while addressing the challenges of sustainable construction, resource efficiency and climate change.
€41.8 billion in sales in 2018Operations in 67 countriesMore than 180,000 employees
For more information about Saint-Gobain
Visit www.saint-gobain.com
and follow us on Twitter @saintgobain
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