Saint-Gobain sells Calders & Grandidge
17 April 2024Saint-Gobain has signed a binding agreement for the sale of its treated timber products (utility poles, fencing and railway sleepers) manufacturing brands: PDM in Ireland and Calders & Grandidge in the UK – to the Livari Mononen Group.
The divested assets, comprising two business units in Ireland and the UK, generated revenues of €50m in 2023 and employ 80 people.
The divestment of PDM has been completed, and the sale of Calders & Grandidge is expected to be completed by the end of 2024, subject to competition authority clearance.
These divestments are part of Saint-Gobain’s continued business profile optimisation strategy, in line with its “Grow & Impact” plan.
The Livari Mononen Group includes the Scanpole business – a leading producer of wooden poles in Europe. The long-lasting poles are used in electrical grids, lighting networks and other infrastructure projects on all continents.
Scanpole also supplies premium quality fencing posts for a wide range of agricultural and equestrian uses and has operations in Finland, Norway, Sweden and the UK, the latter at Alexandra Dock, Newport.
