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27 Jul 2011 16:59
July 27, 2011
Saint-Gobain expands its plasterboard business in Turkey
Saint-Gobain, through its Gypsum Activity, today completed the acquisition of Doğaner, a Turkish manufacturer of plaster and plasterboard. The company is located 50 km southeast of Ankara, where it operates a plant with an annual production capacity of 500,000 tonnes of plaster and 12 million square meters of plasterboard.
In 2010, Doğaner generated revenue of nearly €22 million with 109 employees.
The acquisition will enable the Gypsum Activity to consolidate its position in a large and growing market and to enhance its current product range with locally manufactured plasterboard.
Saint-Gobain is already present in Turkey via a Rigips (one plaster plant), Izocam (five insulation plants), and Weber (four industrial mortar plants).
More about Saint-Gobain
Saint-Gobain, the world leader in the habitat and construction markets, designs, manufactures and distributes building materials, providing innovative solutions to the challenges of growth, energy efficiency and environmental protection. With 2010 sales of €40.1 billion, Saint-Gobain operates in 64 countries and has nearly 190,000 employees. For more information about Saint-Gobain, please visit www.saint-gobain.com.
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