Compagnie de Saint-Gobain SA (SGO.FR) said Monday that it has reached an agreement to sell its entire stake in Saint-Gobain Building Distribution Deutschland to the Stark Group, a Nordic building materials company. Following the acquisition, Stark Group will significantly expand its footprint in the builders’ merchant industry in Northern Europe. SGBDD is well positioned to capture further market share in the large German construction market with consistent demand, which has shown resiliency through economic downturns. The sale is based on an enterprise value of 335 million euros ($373.7 million) for SGBDD, the French construction ...