Compagnie de Saint-Gobain
4 October 2001
SAINT-GOBAIN ANNOUNCES THE ACQUISITION OF BAYWA CZECH REPUBLIC
AND CONFIRMS ITS GROWTH STRATEGY IN EASTERN EUROPE
Pursuing its growth strategy in Eastern Europe, the Building Distribution
Division of Saint-Gobain announces the acquisition of BayWa Czech Republic,
through its German subsidiary Raab Karcher.
BayWa Czech Republic is a builders' merchant which achieved a turnover of 23
million of Euros in 2000, via 10 outlets spread over the country. It employs
more than 140 people.
BayWa Czech Republic is a subsidiary of the German group BayWa AG, mainly
specialized in agriculture, building materials, mineral oils, diy & garden
centers.
The acquisition strengthens Raab Karcher's distribution network in the Czech
Republic and reinforces its presence regionally. It is fully in line with
Saint-Cobain Building Distribution growth strategy in Eastern Europe.
This acquisition is subject to approval by the relevant authorities.
The Building Distribution Division of Saint-Gobain has achieved a turnover of
9.7 billion of 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
Batiment, Jewson, Graham, and Raab Karcher.
Investor Relations Department
Tel. : Florence TRIOU-TEIXEIRA +33 1 47 62 45 19
- mailto : florence.triou@saint-gobain.com
Tel. : Lounis BEKKAT +33 1 47 62 32 36
- mailto : lounis.bekkat@saint-gobain.com
Fax : +33 1 47 62 50 62
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