Saint-Gobain sold its Optimera Distribution unit to Davidsens Tommerhandel.

Saint-Gobain, a French multinational manufacturing corporation, sold its Optimera Distribution unit to Davidsens Tommerhandel, which offers timber and construction materials. This transaction is in line with Saint-Gobain's portfolio optimization strategy aimed at divesting businesses representing sales of more than €3bn ($3.3bn) by end-2019.