Compagnie de Saint Gobain SA Enters Into an Agreement To Acquire Chryso Call Transcript

May 20, 2021

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May 20, 2021 / 04:30PM GMT
Operator

Ladies and gentlemen, welcome to the Saint-Gobain conference call. I now hand over to Pierre-Andre de Chalendar, Chairman and CEO; Benoit Bazin, COO; and Mr. Sreedhar, CFO. Gentlemen, please go ahead.

Pierre-Andre de Chalendar - Compagnie de Saint-Gobain S.A. - Chairman & CEO

Good evening, everybody. I'm very pleased to announce the strategic acquisition of CHRYSO. This is perfectly in line with Saint-Gobain's strategy to strengthen our position in providing sustainable solutions in the construction market. It comes at a time where decarbonation of construction is accelerating. As you know, Saint-Gobain has been looking for opportunities to strengthen our position in construction chemicals, to enlarge our offer and reinforce our existing position.

This acquisition comes 18 months after our very successful Continental Building Products acquisition, which has been, as you know, timely done and very well integrated.

I'm going to let Benoit Bazin, who has been leading this acquisition very effectively, explain to you the

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