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PARIS - French construction materials giant Saint-Gobain has finalized the divestment of two distribution businesses as part of its strategic portfolio optimization, according to a company press release.
The company completed the sale of SFIC Belgium, a specialist construction materials distribution business, on November 3, 2025. SFIC Belgium, which generates annual sales of approximately €75 million and employs 123 people, operates 10 branches across Belgium specializing in plasterboard, insulation, and ceiling materials.
Additionally, Saint-Gobain today finalized the divestment of Tumelero, a Brazilian retail chain specializing in construction materials. Tumelero operates 16 stores and one logistics center in Rio Grande do Sul in southern Brazil, employs around 580 people, and generates annual sales of approximately €40 million.
The transactions align with Saint-Gobain’s "Lead & Grow" strategic plan aimed at strengthening its business profile. The company, which is celebrating its 360th anniversary this year, reported €46.6 billion in sales in 2024 and employs more than 161,000 people across 80 countries.
Saint-Gobain describes itself as a worldwide leader in light and sustainable construction that designs, manufactures, and distributes materials and services for construction and industrial markets. The company has committed to achieving net zero carbon emissions by 2050.
The financial terms of both divestments were not disclosed in the company statement.
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