Saint-Gobain Group

date of creation

1665

number of employees

more than 167,000 employees (2021)

Saint Gobain has a long history that originally began with the production of mirrored glass. Over 350 years the company has diversified into many types of domestic and construction glass, as well as the production and distribution of construction products and innovative materials.

History

The Saint Gobain Group is one of the oldest companies in France, having been founded in 1665 by King Louis XIV under the name of the Royal Mirror-Glass Factory. At this early stage the company was only involved in glass production, specifically mirror glass.

In 1830 the company became public, and diversified their product line to include glass panes, roof glass and embossed mirrors, contributing to famous buildings like the Crystal Palace in London, Jardin des Plantes and the Milan Central Railway Station.

By the 20th century the company was committed to diversification, moving into the manufacturing of bottles, jars, tableware and domestic glassware, and then into fiberglass manufacturing for insulation and industrial textiles.

By the turn of the millennium the company was expanding internationally with foreign factories and the acquisition of many of its competitors including Poliet, Lapeyre and Point P, expanding Saint Gobain’s reach into construction materials and becoming involved with distribution channels.

Description

Saint Gobain operates in 70 different countries, with global sales reaching $38.1 billion in 2020.

A quarter of the company’s sales come from France, with North America and the Nordic countries making up another 15% of global sales each, while the UK and Ireland together account for 10% of the group’s sales numbers. A driving force over the pandemic has been the B2C segment, as home renovation has picked up during periods of social distancing and stay-at-home orders.

The company expects that in developed countries demand will be driven by new sustainability requirements and performance expectations. In the developing world there are strong growth prospects in the construction chemicals segment driven by demand for ready-mix solutions. With increased urbanization and growing infrastructure spending in developing countries, the Saint Gobain group is expecting strong sales.



Comments are closed.

HEADQUARTERS


Tour Saint-Gobain 12 place de l'Iris 92096 La Défense Cedex, France




MORE COMPANIES

gemalto

Gemalto

Gemalto NV is the parent of this diverse provider of cloud security services.


Seiko Holdings Group

Seiko Holdings is involved in the manufacture of watches, clocks, electronic devices,...


Vivendi SA

Vivendi is a large media conglomerate with interests in music, television, film, video...


gazprom

Gazprom

Gazprom is a Russian company that specializes in production, processing and transporting of...


Back to Top ↑
  • LATEST VIDEO

  • LATEST TWEETS