Saint-Gobain buys Norway's Optimera Gruppen building materials group

Saint-Gobain SA said its Scandinavian subsidiary, Saint-Gobain Nordic, has bought Optimera Gruppen AS of Norway, a distributor of building materials that has a commercial network of 95 brands in Norway and Sweden.

The acquisition is part of Saint-Gobain's expansion into Scandinavia, which began last year with the purchase of Sweden's Dahl International, a distributor of heating, plumbing and sanitary equipment.

Optimera sales rose 11.4 pct last year to 514 mln eur, Saint-Gobain said, and employs over 1,400 people. Financial terms of the deal were not disclosed.

600450 Saint-Gobain buys Norway's Optimera Gruppen building materials group glassonweb.com

See more news about:

Others also read

A bright future is ahead for glass, thanks to a serious focus on innovation, the environment, and sustainability, the industry’s annual prestige awards ceremony at the Millennium Gallery in Sheffield heard. (Thurs 22 November).
Let’s re-live the event highlights together.
Saint-Gobain has approved the most important operation planned in Europe, which will be carried out over the next two years.
The façade of the RAL building in Bonn unmistakeably showcases the identity of the client and user of the building.
Glassolutions’ Installation business has relaunched as Facades & Glazing Solutions UK Ltd (FGS) following its sale to private investment firm CoBe Capital.
SUPERCONTRYX - a lead glass should be an extremely important element of your medical facility’s X-ray protection strategy as it attenuates the effect of radiations significantly.

Add new comment