(CercleFinance.com) – Saint-Gobain today announces two acquisitions in the non-residential floor coverings market.
The first acquisition concerns R.SOL, a French producer of resin-based flooring solutions, employing around 30 people.
This acquisition expands Saint-Gobain’s portfolio thanks to R.SOL’s wide range of diversified resins, differentiating technology and large customer base. The finalization of the transaction, expected by the end of the first half of 2024.
The second acquisition concerns Technical Finishes, presented as ‘a leading player in resin flooring solutions in South Africa’. The company employs approximately 90 people and will strengthen Saint-Gobain’s profitable growth profile in South Africa and the rest of the African continent.
These two operations will generate significant synergies by perfectly complementing the existing offering under the Weber brand. The combined turnover of the two companies was around 20 ME in 2023.