March 13, 2023

Saint-Gobain Kft. – REVCO acquisition

Saint-Gobain Hungary Kft. has acquired the Hungarian company REVCO Kft. Within 26 years, REVCO has become a major player in facade plaster, interior and exterior wall paints, primers, surface treatments, thermal insulation systems and adhesives.

The Saint-Gobain Group offers complete solutions for ceilings and walls, relying on Hungarian production capacities in its own mortar and plasterboard plants. With more than 300 employees, Saint-Gobain Hungary Kft. already turned over HUF 35.3 billion (EUR 93 million) in 2021 (previous year: HUF 27.9 billion), while profit after tax fell from 1.8 to HUF 1.1 billion (EUR 2.9 million). REVCO Magyarország Kft. recently increased its sales from 3.0 to HUF 3.8 billion (EUR 10 million), while profits remained unchanged at HUF 200 million (EUR 527 thousand).