Saint-Gobain strengthens its presence in construction chemicals with two acquisitions in flooring

Saint-Gobain announces two acquisitions on the attractive non-residential flooring market, further strengthening its presence in this construction chemicals segment:
- R.SOL is a French manufacturer of resin-based flooring solutions employing about 30 people. This acquisition will enlarge Saint-Gobain’s portfolio thanks to R.SOL’s wide range of diversified resins, differentiating technology and large customer base. Closing of the transaction is expected by the end of the first half of 2024 and is subject to the satisfaction of customary closing conditions as well as the consultation procedure with the employee representative bodies.

- Technical Finishes is a leading South African player in resin flooring solutions employing about 90 people. The acquisition will reinforce Saint-Gobain’s profitable growth profile in South Africa and elsewhere on the African continent.

These two acquisitions will strengthen the leadership position of Saint-Gobain in flooring solutions, perfectly complementing its existing offering under our Weber brand and creating significant synergies.

Together, they generated a turnover of around €20 million in 2023. Both acquisitions will be consolidated within the Southern Europe - Middle East & Africa Region.

These acquisitions are in line with Saint-Gobain's strategic plan, "Grow & Impact" which aims to both strengthen the Group’s leadership and accelerate its growth by enriching its range of solutions for light and sustainable construction.