Announced
Completed
Financials
Tags
Acquisition
Majority
Single Bidder
building materials
Building Materials: Other
United Kingdom
Cross Border
Private
Friendly
Completed
Synopsis
Stark Group, one of the largest retailers and distributors of building materials, completed the acquisition of the UK merchanting brands of Saint-Gobain, a French multinational building materials corporation, for €850m ($900m). These divestments are part of Saint-Gobain's continued business profile optimization strategy to enhance the Group's growth and profitability in line with its "Grow & Impact" plan.
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