Saint-Gobain announces the acquisition of Materiaux Reunis (France)

The Building Distribution Division of Saint-Gobain announces the acquisition of Mat‚riaux R‚unis (Caternet group), through its French subsidiary Point.P.Mat‚riaux R‚unis is a general builders' merchant, based South-East of France.

It has achieved a turnover of nearly 98 million Euros (FF 640 million) in 2000 and employs 650 people. It manages 30 outlets located in the French areas: Var, Bouches-du-Rh“ne, Alpes-Maritimes and Vaucluse.

The company Mat‚riaux R‚unis has a strong reputation based upon its network, its services commitment and its efficient teams.

The acquisition is fully in line with Point.P bolt on strategy and completes its regional business offer.

The Building Distribution Division of Saint-Gobain has achieved a turnover of _ 9.7 billion Euros in 2000 and employs more than 43 000 people. It is the leading building materials distributor in Europe, via its 2500 outlets in 13 countries. Its major brand names are Point. P, Lapeyre, La Plateforme du Bƒtiment, Jewson, Graham, and Raab Karcher.

600450 Saint-Gobain announces the acquisition of Materiaux Reunis (France) glassonweb.com
Date: 28 September 2001
Source: Saint Gobain

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