Compagnie de Saint-Gobain SA (OTCPK:CODYY)
$ 18.532 0.102 (0.55%) Market Cap: 46.29 Bil Enterprise Value: 56.56 Bil PE Ratio: 15.04 PB Ratio: 1.80 GF Score: 77/100

Compagnie de Saint Gobain SA to Acquire GCP Applied Technologies Inc M&A Call Transcript

Dec 06, 2021 / 07:00AM GMT
Release Date Price: $13.32 (+1.60%)
Operator

Ladies and gentlemen, welcome to the Saint-Gobain conference call. I now hand over to Mr. Benoit Bazin, Chief Executive Officer; and Mr. Sreedhar N., Chief Financial Officer. Gentlemen, please go ahead.

Benoit Bazin
Compagnie de Saint-Gobain S.A. - COO, CEO & Director

Hello. Good morning. Welcome to our analyst and investor call on the acquisition of GCP Applied Technologies, Grace Construction Products. I guess, I hope you have all received the slide show. I will turn the slide, and let you know on which slide I'm at this point.

I'm extremely happy to announce this acquisition this morning. So with me on this call is Sreedhar, our CFO; David Molho, the CEO of High Performance Solutions; Mark Rayfield, our CEO for North America, who joined us from the U.S.; and Thierry Bernard, the CEO of Chryso. This is a decisive step for Saint-Gobain to establish our leadership position in construction chemicals worldwide.

Let's turn to Slide #2. GCP is a fantastic acquisition, and there is a very strong strategic rationale for this acquisition. The

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