2022---saint-gobain-has-launched-the-process-of-selling-its-subsidiary-jewson -
Saint-Gobain Launch Jewson Sale Despite Tough Market, Sources Say. UK building merchant may draw PE bidders including CVC, Advent. Bloomberg.com Saint Gobain completes sale of UK distribution businesses
In late 2022, Saint-Gobain initiated the sale of its UK distribution business, including the flagship Jewson brand, as part of a strategic pivot toward higher-margin manufacturing. The Danish STARK Group acquired the business for £740 million, completing the transaction on March 1, 2023, and marking Saint-Gobain’s exit from the UK merchant sector. For more details, visit STARK Group . Saint-Gobain Is Said to Launch Jewson Sale in Tough Market including the flagship Jewson brand