Compagnie de Saint-Gobain SA (OTCPK:CODYY)
$ 18.538 0.108 (0.59%) Market Cap: 46.30 Bil Enterprise Value: 56.60 Bil PE Ratio: 15.05 PB Ratio: 1.80 GF Score: 77/100

Compagnie de Saint Gobain SA to Discuss the Acquisition of Kaycan Ltd M&A Call Transcript

May 31, 2022 / 04:30PM GMT
Release Date Price: $11.92 (+0.46%)
Operator

Ladies and gentlemen, welcome to the Saint-Gobain conference call. I now hand over to Mr. Benoit Bazin, CEO; Mr. Sreedhar, CFO; and Mark Rayfield, CEO of North America. Gentlemen, please go ahead.

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

Thank you. Hello, and welcome to our analyst and investor call on the acquisition of Kaycan. Thank you again for joining on such a short notice. You have the presentation on the website, so we'll go slide-by-slide. I'm extremely happy to announce this acquisition. I have with me Sreedhar, our CFO; and Mark Rayfield, our CEO for North America.

Today is a decisive step for Saint-Gobain to reinforce our leadership position in North America and in light and sustainable construction. This acquisition of Kaycan has been managed as a bilateral discussion with the family that owns the business, so without auction but bilateral, according to the relationship that has been built over the time between both teams.

I now go to Slide #2. Kaycan is indeed a compelling strategic acquisition. The

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