Saint-Gobain Acquires Maxit from HeidelbergCement
August 7, 2007With this transaction, Saint-Gobain builds its presence in Construction Markets, doubling its size in industrial mortars (which, in 2006, represented & euro; 1 billion (US$1.37B) in products sold under the Weber trademark) and in particular strengthens its ETICS (External Thermal Insulation Composite System) solutions.
The companies complement each other geographically -Weber is strong in and Southern Europe, and well established in
Eastern Europe . Maxit group is a player in and in
Scandinavia . In addition, the two groups ...
Share/Bookmark
With this transaction, Saint-Gobain builds its presence in Construction Markets, doubling its size in industrial mortars (which, in 2006, represented & euro; 1 billion (US$1.37B) in products sold under the Weber trademark) and in particular strengthens its ETICS (External Thermal Insulation Composite System) solutions.
The companies complement each other geographically -Weber is strong in and Southern Europe, and well established in
Eastern Europe . Maxit group is a player in and in
Scandinavia . In addition, the two groups have a joint presence in many emerging countries and in most western European countries. Maxit has 103 industrial units in 30 countries and Weber has 80 industrial units in 27 countries.
The transaction has an enterprise value of & euro; 2,125 million (US$2,921 million), about 11 times Maxit's estimated operating income for 2007 after cost synergies.
View the Top Distributors in Eight Sectors: Industrial,
PT/Bearing,
Electrical, HVAC/Plumbing/PVF,
Building
Materials/Construction, Electronics,
Plastics, Pharmaceuticals
Join MDM's Independent Distributor Network
Follow MDM on Twitter
Sponsored Links
- Pferd Makes the Difference
- Learn The 10 Pricing Myths That Damage Distributor Profits
- DDI System's Inform Software: Proven Results for Industrial Distributors
- Apex Free Study: Proven Techniques - Growth Through Point-of-Use Vending
- Learn to leverage and manage your pricing to dramatically increase your company's value.
- Increase profits and productivity with NSK's Asset Improvement Program
Think About It: |
Benchmark with Wholesale Distribution Economic Reports
|
The
Answer Book for
|
| Title | Company | Location |
|---|---|---|
| Midwestern Field Sales Territory Manager | DeVilling & Associates | Midwest, US |
| Senior Account Manager and National Account Manager | Precision | Dallas, TX |
| VP Sales & Marketing | Confidential | Southeastern, PA |
| Branch Manager | Graybar Electric Company | Garden City, NY |
| International Sales Manager | Industrial Lubricants Manufacturer | United States |
| National Sales Manager | Steiner Industries | United States |
| View ALL Wholesale Distribution Job Listings | Post Your Job Listing | |
Industry Topics sponsored by
Distribution Trends
|
Economy
|
Management/Strategy
|
Interviews
|
Operations
|
Technology
|
Mergers/Acquisitions
|
Case Studies
|
Sales & Marketing
|
MDM Calendar
Technology Case Study
2011 Economic Forecast
Distribution Customer End Market Trends
Featured Products
Benchmarks & Best Practices: The Answer Book for Growth-Minded CFOs & Controllers
The HR Professional's Strategic Answer Book
2010 Wholesale Distribution Economic Reports: Industrial Distributors - Single-User License
This report includes: Revenue and employment growth trends, the number and size distribution of companies, gross margin, wages, other operating statistics and expert commentary to help you interpret the sector data in light of current macroeconomic trends
Most Popular
Leave a Comment