2022---sale-of-jewson-by-saint-gobain--first-offers-in-mid-october- -

: Saint-Gobain Building Distribution Ltd, encompassing:

: The general builders' merchant with roughly 600 branches. This report outlines the timeline, valuation, and strategic

: Approximately 600 outlets and a workforce of around 8,900 employees. Key Transaction Details : Gibbs & Dandy, JP

The sale of the UK builders' merchant by Saint-Gobain was a significant corporate restructuring move initiated in late 2022 to optimize the group's business profile. This report outlines the timeline, valuation, and strategic rationale behind the transaction. Executive Summary Jewson Civils Frazer

In December 2022, the French building materials giant agreed to sell its UK distribution business, including the flagship brand Jewson , to the STARK Group , which is backed by private equity firm CVC Capital Partners . The transaction was valued at £740 million (approximately €850 million) on an enterprise value basis. Key Transaction Details

: Gibbs & Dandy, JP Corry, Jewson Civils Frazer, Minster, and International Timber. Transaction Value : £740 million.