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.