The Saint-Gobain materials group announced on Monday the acquisition of the distributor Raboni Normandie, thus further expanding its network of points of sale in France.
Raboni Normandie, a specialist in construction materials, employs more than 100 people, has a network of 12 points of sale and achieved a turnover of around 30 million euros in 2020, indicates Saint-Gobain in a communicated.
The amount of the transaction was not disclosed.
Saint-Gobain, leader in the distribution of construction materials in France with more than 2.000 points of sale, is already present in the region with the Point.P brand (70 points of sale in Normandy).
"Saint-Gobain is thus strengthening its positions on the distribution market in France and increasing the depth of its offer to better meet the growing needs of craftsmen and their customers," adds the group in its press release.
In 2020, Saint-Gobain achieved a turnover of 38,1 billion euros. In the first quarter of 2021, it posted a record net profit of 1,298 billion euros.
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