Saint-Gobain completes sale of Dahl business in Sweden, Norway and Denmark to Kesko

Description

(AWP Alliance News) - Saint-Gobain completed the sale of its Dahl specialist distribution business in Sweden, Norway and Denmark to Kesko on November 2, 2026. The transaction values the business at an enterprise value of EUR 1.52 billion. That represents 10.4 times 2025 EBITDA including lease commitments or 14.6 times EBITDA excluding them.

The business generated sales of EUR 2.07 billion that year and operated 190 outlets. The divestment is part of the group's strategy to optimize its business profile under its "Lead & Grow" plan.

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Disclaimer: This news brief was created using generative artificial intelligence. Compagnie de Saint Gobain SA published the original content used to generate this news brief on November 02, 2026, and is solely responsible for the information contained therein.