M&A Deal Summary

Saint-Gobain Acquires Per Strand AS

On December 19, 2017, Saint-Gobain acquired building materials company Per Strand AS

Acquisition Highlights
  • This is Saint-Gobain’s 16th transaction in the Building Materials sector.
  • This is Saint-Gobain’s 2nd transaction in Norway.

M&A Deal Summary

Date 2017-12-19
Target Per Strand AS
Sector Building Materials
Buyer(s) Saint-Gobain
Deal Type Add-on Acquisition

Target

Per Strand AS

Harstad, Norway
Per Strand AS is one of Norway's major building products. Company have 73 outlets throughout the country and sell to both the consumer market and the professional market.

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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 31 of 51
Sector: Building Materials M&A 16 of 23
Type: Add-on Acquisition M&A Deals 28 of 47
Country: Norway M&A 2 of 2
Year: 2017 M&A 11 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-04 Wattex NV

Buggenhout, Belgium

Wattex NV is a non-woven specialty products for the bitumen roof market. Founded in 1953, and located in the region of Antwerp in Belgium, this company produces non-woven carriers made from glass-fiber reinforced polyester providing excellent performance to waterproofing membranes for roofs.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-01 HKO Group

Oberhausen, Germany

HKO designs, produces and distributes a complete range of very high temperature thermal insulation and fire protection solutions made from various types of glass fibers to cover temperature resistances between 600 and 1,000°C. HKO was formed in 1970 and is headquartered in Oberhausen, Germany.

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