COMMUNIQUÉ RÉGLEMENTÉ

par SAINT-GOBAIN (EPA:SGO)

Saint-Gobain completes the divestment of its Dahl specialist distribution business in Sweden, Norway and Denmark

PRESS
RELEASE

November 2, 2026

SAINT-GOBAIN COMPLETES THE DIVESTMENT OF ITS DAHL SPECIALIST DISTRIBUTION BUSINESS IN SWEDEN, NORWAY AND DENMARK

Saint-Gobain has completed the sale of its specialist distribution business in Sweden, Norway and Denmark under the main brand Dahl to Kesko, on November 2, 2026.

The business generated sales of €2,068 million in 2025, with 2,700 employees and 190 outlets. The divestment is based on an enterprise value of €1,518 million, which represents 10.4x 2025 EBITDA including lease commitments (IFRS 16) or 14.6x 2025 EBITDA excluding lease commitments.

This transaction is part of Saint-Gobain’s strategy to optimize its business profile, in line with its “Lead & Grow” plan.

About Saint-Gobain

Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services adapted to the residential, non-residential and infrastructure markets. Its integrated and innovative solutions provide sustainability, performance and well-being for its customers. The Group is guided by its purpose, “MAKING THE WORLD A BETTER HOME”.

€46.5 billion in sales in 2025
162,000 employees, locations in 81 countries
Committed to achieving net zero carbon emissions by 2050

For more information about Saint-Gobain, visit www.saint-gobain.com and follow us on LinkedIn

ANALYST/INVESTOR RELATIONSPRESS RELATIONS
Vivien Dardel (+33) 1 88 54 29 77
Floriana Michalowska (+33) 1 88 54 19 09
Karim Safsaf (+33) 1 88 54 00 60
James Weston (+33) 1 88 54 01 24
Patricia Marie (+33) 1 88 54 26 83
Laure Bencheikh (+33) 1 88 54 26 38
Yanice Biyogo (+33) 1 88 54 01 89

Tour Saint-Gobain • 12 place de l’Iris • 92400 Courbevoie • France • Tel. +33 1 88 54 00 00 • www.saint-gobain.com

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