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M&A Deal Summary

Saint-Gobain Acquires Glava AS

On October 16, 2017, Saint-Gobain acquired building materials company Glava AS

Acquisition Highlights
  • This is Saint-Gobain’s 12th transaction in the Building Materials sector.
  • This is Saint-Gobain’s 1st transaction in Norway.

M&A Deal Summary
Date 2017-10-16
Target Glava AS
Sector Building Materials
Buyer(s) Saint-Gobain
Deal Type Add-on Acquisition

Target

Glava AS

Askim, Norway
Glava AS is a player in the insulation market in Norway. Company has two glass wool plants, at Askim, 55 km from Oslo, and at Stjørdal near Trondheim. It also has workshops producing expanded polystyrene and ceilings. Glava supplies a comprehensive range of insulating products and accessories to its customers.

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Buyer(S) 1

Buyer

Saint-Gobain

Courbevoie, France
Category Company
Founded 1665
Sector Building Materials
Employees161,482
Revenue 46.6B EUR (2024)
DESCRIPTION

Saint-Gobain is a manufacturer, designer, and distributor of functional materials for the construction, industrial and consumer markets. Saint-Gobain provides comfort, performance and safety while addressing the challenges of sustainable construction, resource efficiency and climate change. Saint-Gobain was founded in 1665 and is based in Courbevoie, France.

DEAL STATS #
Overall 26 of 51
Sector: Building Materials M&A 12 of 23
Type: Add-on Acquisition M&A Deals 23 of 47
Country: Norway M&A 1 of 2
Year: 2017 M&A 6 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-11 Megaflex S.A

Buenos Aires, Argentina

Megaflex SA is an Argentine company dedicated to the manufacture and commercialization of asphalt membranes, waterproof paints and waterproofing systems for construction. From its beginnings in 1992 Megaflex bets on the strategic differentiation through innovation and the quality of its products, positioning itself as a leading company in commercialization and export of asphaltic membranes.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-03 Scotframe

Aberdeenshire, United Kingdom

Scotframe Ltd. manufactures and supplies full timber frame housing kits for small/medium builders, developers and self-builders in the UK and is a market leader in closed panel systems used extensively for new build homes in Scotland, and also England.

Buy -
Mergr

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