SAINT-GOBAIN COMPLETES THE DIVESTMENT OF ITS EXPANDED POLYSTYRENE (EPS)
BUSINESS IN FRANCE
Saint-Gobain completed on December 31, 2019 the sale of its expanded
polystyrene (EPS) business in France to the Austrian and Swedish consortium
The EPS business in France had generated sales of around EUR70 million in
This transaction is part of Saint-Gobain's portfolio optimization strategy
within the framework of its new organization. Divestments completed or signed
by the Group to date in order to enhance its growth and profitability profile
represent sales of around EUR3.3 billion. Saint-Gobain is continuing its
divestment program even though the initial target of over EUR3 billion in sales
divested by the end of 2019 has been met.
Saint-Gobain designs, manufactures and distributes materials and solutions
which are key ingredients in the wellbeing of each of us and the future of all.
They can be found everywhere in our living places and our daily life: in
buildings, transportation, infrastructure and in many industrial applications.
They provide comfort, performance and safety while addressing the challenges of
sustainable construction, resource efficiency and climate change.
EUR41.8 billion in sales in 2018
Operations in 68 countries
More than 180,000 employees
For more information about Saint-Gobain
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