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Jun 1 2022, 06:55 IST/BST
Saint-Gobain Group
Acquiring Kaycan for $928m
- Sectors : Building products
- Companies : Saint-Gobain Group
DAVY VIEW
The acquisition of Kaycan strengthens Saint-Gobain’s position in light and sustainable construction in North America, is EPS-accretive from year one and has a very limited impact on leverage, thus ensuring that it screens well. Execution is critical to achieving synergies, but scale efficiencies will help significantly.
