Announced

jem & fix to acquire the Danish processing and distribution business of Saint-Gobain.

Synopsis

jem & fix, a building materials firm, agreed to acquire the Danish processing and distribution business of Saint-Gobain, a provider of materials and services for the markets of habitat and industry. Financial terms were not disclosed. This transaction is part of Saint-Gobain's continued business profile optimization strategy, in line with the "Grow & Impact" plan objectives. It is subject to the approval of the relevant competition authorities and should be finalized by the end of the third quarter 2022.

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