Saint Gobain Or Regulatory News (COD)

RNS Number : 6627M

Compagnie de Saint-Gobain

24 May 2022

 

 

 

 

 

 

 

SAINT-GOBAIN ACQUIRES FIBROPLAC AND FALPER

TO ACCELERATE ITS GROWTH AS A LEADER IN

LIGHT AND SUSTAINABLE CONSTRUCTION IN PORTUGAL

 

Saint-Gobain has entered into an agreement to acquire the companies Fibroplac and Falper:

 

· Fibroplac, with a plant located in Pombal (center of Portugal), is well recognized in the Portuguese market by the high quality of its production of gypsum plasterboards.

· Falper, with a plant in Vila Nova de Gaia (Porto district in Portugal), has developed an advanced digital solution for the design and manufacturing of light steel structures.

 

With a joint turnover of around 15 million euros and 75 employees, these two acquisitions will reinforce and accelerate the strong growth of Saint-Gobain in Portugal by:

· Providing local offer of high quality gypsum plasterboard to accelerate the double-digit growth of plasterboard systems.

· Developing integrated sustainable solutions by combining light steel framing, plasterboard, insulation and construction chemicals products that will address the needs on the fast growing off-site modular construction market.

 

In Portugal, Saint-Gobain has 10 factories as well as a technical development center in Aveiro and employs more than 650 persons.

 

These acquisitions are aligned with Saint-Gobain's "Grow & Impact" strategy that is being successfully implemented in Portugal to reinforce its leadership position in light and sustainable construction. The closure of these transactions is subject to the approval of the competition authorities.

 

 

ABOUT SAINT-GOBAIN

Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufacturesand distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonizationof construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group's commitment is guided by its purpose,"MAKING THE WORLD A BETTER HOME".

 

€44.2 billion in sales in 2021

166,000 employees, locations in 75 countries

Committed to achieving Carbon Neutrality by 2050

 

For more information about Saint-Gobain,visit www.saint-gobain.com and follow us on Twitter @saintgobain

Analyst/Investor relations Press relations

Vivien Dardel : +33 1 88 54 29 77 Patricia Marie : +33 1 88 54 26 83

Floriana Michalowska : +33 1 88 54 19 09 Susanne Trabitzsch : +33 1 88 54 27 96

Christelle Gannage : +33 1 88 54 15 49

Alix Sicaud : +33 1 88 54 38 70

 

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