"Taylor Wessing Advises Saint-Gobain on Major Carve-Out of Dry Mortar and Facade Business"
"Taylor Wessing provided legal advice to Saint-Gobain Weber GmbH on the sale and transfer of its dry mortar and facade business to its joint venture, Franken Maxit Mauermörtel GmbH & Co. KG. This transaction will make Franken Maxit one of the largest dry mortar manufacturers in Germany and Europe, employing over 1,200 people across 17 locations. Saint-Gobain aims to focus on technical applications and specialty products in construction chemicals. The company is a subsidiary of the French Compagnie de Saint-Gobain, a global leader in sustainable construction."