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Pin to quick picksSaint Gobain Or Regulatory News (COD)

Share Price Information for Saint Gobain Or (COD)

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Share Price: 77.45
Bid: 73.60
Ask: 81.30
Change: 2.05 (2.72%)
Spread: 7.70 (10.462%)
Open: 75.40
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Acquisition

1 Mar 2018 16:53

RNS Number : 4571G
Compagnie de Saint-Gobain
01 March 2018
 

PRESS RELEASE

 

March 1st, 2018

 

 

 

Saint-Gobain strengTHens its solutions portfolio in high performance composites for the aerospace and industrial markets

 

 

Saint-Gobain has acquired HyComp, a leading supplier of composite components made with proprietary carbon fibers and thermoplastic materials, used in high temperature and long life applications in the aerospace industry. HyComp is headquartered in Ohio, United States, and employs around 120 people.

 

This acquisition is fully in line with the Group's strategy to develop new adjacent technological niches. It will enable the High-Performance Materials Activity to broaden its portfolio of materials for technically demanding applications.

 

 

 

ABOUT SAINT-GOBAIN

Saint-Gobain designs, manufactures and distributes materials and solutions which are key ingredients in the wellbeing of each of us and the future of all. They can be found everywhere in our living places and our daily life: in buildings, transportation, infrastructure and in many industrial applications. They provide comfort, performance and safety while addressing the challenges of sustainable construction, resource efficiency and climate change.

 

€40.8 billion in sales in 2017

Operates in 67 countries

More than 179,000 employees

www.saint-gobain.com @saintgobain

 

 

 

Analyst/Investor relations

 

 

Media relations

Vivien Dardel

Florent Nouveau

Floriana Michalowska

 +33 1 47 62 44 29

 +33 1 47 62 30 93

 +33 1 47 62 35 98

Laurence Pernot

Susanne Trabitzsch

 +33 1 47 62 30 10

 +33 1 47 62 43 25

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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