Duraziv | Romania Feed

French-held Saint-Gobain paid EUR17 million to buy construction material maker Duraziv from businessman Daniel Guzu in 2021, the group said in its financial report for 2022.

Building materials producer Duraziv saw its turnover go up by 24% in 2021, the year it entered the portfolio of French group Saint-Gobain. Thus, the result hit RON180 million.

Deloitte’s Corporate Finance practice has advised the shareholders of Duraziv, the largest independent manufacturer of construction materials in Romania, in the successful sale of the integral share package to global leader Saint-Gobain. The transaction was completed on September 30, 2021, after receiving necessary approvals from authorities.   Deloitte Romania has structured and coordinated the sale […]