Saint-Gobain’s Building Distribution Sector has acquired three distributors in Europe: Vemac (Italy), Discesur (Spain) and Sch& auml; fer (Germany).
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Vemac is one of the country’s largest builders’merchants based in Abruzzo. The business has 10 branches, employs 187 people and recorded net sales of & euro; 66 million in 2006.
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Following the opening of a second La Plateforme du B& acirc; timent store at the beginning of 2007 in Milan, Saint-Gobain Building Distribution reinforces its presence in the Italian market.
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Discesur is the No. 2 distributor of tiles in Spain. With a large showroom (4,000 m2) in Madrid, the business recorded net sales of over & euro; 55 million in 2006 and employs 101 people. Through this acquisition, Saint-Gobain Building Distribution has bolstered its tiles business in Spain.
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Sch& auml; fer, a business specialized in distributing roofing products in Germany, operates 14 branches and employs 130 people. Its net sales reached & euro; 50 million in 2006. The geographical location of this acquisition will enable Saint-Gobain Building Distribution to extend its specialized roofing” network across Germany.
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With these deals, the total number of acquisitions finalized by the Saint-Gobain Group in Building Distribution since the beginning of the year stands at 20, with annual net sales of about & euro; 440 million.
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In 2006, Saint-Gobain’s Building Distribution Sector posted net sales of & euro; 17.6 billion. It operates more than 3,700 sales outlets in 24 countries.