In late 2022, Saint-Gobain initiated the sale of its UK distribution business, including the flagship Jewson brand, as part of a strategic pivot toward higher-margin manufacturing. The Danish STARK Group acquired the business for £740 million, completing the transaction on March 1, 2023, and marking Saint-Gobain’s exit from the UK merchant sector. For more details, visit STARK Group . Saint-Gobain Is Said to Launch Jewson Sale in Tough Market
Saint-Gobain Launch Jewson Sale Despite Tough Market, Sources Say. UK building merchant may draw PE bidders including CVC, Advent. Bloomberg.com Saint Gobain completes sale of UK distribution businesses