(CercleFinance.com) – Saint-Gobain announces that it has signed an agreement for the sale of its treated wood products business (posts, fences, railings) in Ireland (PDM) and the United Kingdom (Calders & Grandidge), to the Iivari Mononen group.
‘The assets sold include two production sites in Ireland and the United Kingdom, which generated a turnover of 50 million euros in 2023 and employ 80 people,’ specifies the construction materials group.
The sale of PDM has already been finalized and that of Calders & Grandidge, which remains subject to the condition of authorization from the Competition Authority, should be completed by the end of 2024.