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News Saint-Gobain acquires Continental Building Products

Saint-Gobain acquires Continental Building Products

Written by Global Gypsum staff
15 November 2019
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France: Saint-Gobain has entered an agreement with US-based Continental for the acquisition of the latter’s Building Products section at an estimated value of Euro1.4bn. Saint-Gobain stated that the North American plasterboard producer has ‘strong geographic complementary’ with its existing operations in the continent, with a possible gain of Euro45.3m in cost synergies and performance improvements. It also noted Continental Building Products’ good positioning in its Eastern and South-Eastern United States growth regions and strong profitability.

Published in Global Gypsum News
Tagged under
  • US
  • France
  • SaintGobain
  • Continental Building Products
  • Acquisition

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