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24 Apr 2019 07:08
PRESS RELEASE
April 24, 2019
Saint-Gobain ENTERS THE PLASTERBOARD MARKET IN MEXICO
Saint-Gobain has just completed the acquisition of the entire capital of KNAUF Mexico, a company specializing in the manufacture and distribution of plasterboard. KNAUF Mexico had close to €30 million in sales in 2018.
This acquisition marks Saint-Gobain's entry onto the Mexican plasterboard market and rounds out its current plasterboard offering for buildings and ceilings.
The transaction enables the Group to reinforce its presence on a fast-changing construction market, where it already enjoys a leading position in the glass market.
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.
€41.8 billion in sales in 2018
Operates in 67 countries
More than 180,000 employees
To learn more about Saint-Gobain
go to www.saint-gobain.com
and follow us on Twitter @saintgobain
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