Saint-Gobain: sold an activity in Denmark

(CercleFinance.com) - Saint-Gobain has signed a binding agreement to sell its wood processing and distribution business in Denmark, Protræ, to its main customer jem & fix.


Protræ employs around 100 people located in two facilities in Rødding and Holsted and generated sales of around E120 million in 2021.

This transaction is part of Saint-Gobain's continued business profile optimisation strategy, in line with the “Grow & Impact” plan objectives.

It is subject to the approval of the relevant competition authorities and should be finalised by the end of the third quarter 2022.

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