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Saint-Gobain completes CSR acquisition

16 July 2024, Published under Cement News

Saint-Gobain has completed its acquisition of CSR Ltd (CSR), establishing a strong presence in the Australian construction market. CSR is a leading player in building materials in Australia, consisting principally of building products with AUD1.9bn (US$1.28bn) in sales and an EBITDA margin of around 18 per cent for the fiscal year ending 31 March 2024, with some of Australia’s most trusted and iconic brands. According to Saint-Gobain, the acquisition fits extremely well with the company’s ...