Saint-Gobain is banking on the construction boom in Australia. The French construction materials giant will acquire the local leader for 2.7 billion euros.
Australia has only 27 million inhabitants, but the country displays a dynamism rare among developed countries. Population growth is three times higher than the average for OECD countries, with 400,000 additional inhabitants each year. The government has committed to building an additional 1.2 million new homes over the next five years. CSR is the country’s leading player… This article is reserved for subscribers. You have 79% left to discover.