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Pin to quick picksSaint Gobain Or Regulatory News (COD)

Share Price Information for Saint Gobain Or (COD)

London Stock Exchange
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Share Price: 75.40
Bid: 71.65
Ask: 79.15
Change: 0.475 (0.63%)
Spread: 7.50 (10.468%)
Open: 74.925
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Prev. Close: 74.925
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Acquisition

2 Nov 2016 07:14

RNS Number : 1059O
Compagnie de Saint-Gobain
02 November 2016
 

PRESS RELEASE

 

 

 

November 2, 2016

 

 

SAINT-GOBAIN finalizes THE acquisition OF H-Old

 

 

Saint-Gobain has acquired 100% of the share capital of the Italian company h-old from private equity fund Arcadia Small Cap. Founded in 1982, h-old designs, manufactures and distributes - mostly in Europe - specialty adhesive tapes for various high-performance applications for industrial and automotive markets. Its sales should be around €25 million in 2016.

 

h-old reinforces the high-performance plastics business thanks to complementary commercial positions in terms of geography and 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.

 

€39.6 billion in sales in 2015

Present in 67 countries

More than 170,000 employees

www.saint-gobain.com

@saintgobain 

 

 

 

Analyst/Investor Relations

 

Press Relations

Gaetano Terrasini

Vivien Dardel

Florent Nouveau

+33 1 47 62 32 52

+33 1 47 62 44 29

+33 1 47 62 30 93

Susanne Trabitzsch

+33 1 47 62 30 10

 

 

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