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16 Sep 2015 07:00
September 15, 2015
The Swiss Competition Commission (COMCO) unconditionally authorizes
Saint-Gobain's acquisition of control over Sika
Saint-Gobain welcomes the COMCO's decision issued today which has unconditionally authorized Saint-Gobain's acquisition of control over Sika.
This decision follows the favorable ruling handed down by the European Commission on July 22, 2015 as well as the decisions already received from other competition authorities, notably in the United States and China.
By unconditionally authorizing the transaction, these decisions confirm the industrial logic of the tie-up between the two groups.
ABOUT SAINT-GOBAIN
In 2015, Saint-Gobain is celebrating its 350th anniversary, 350 reasons to believe in the future. Backed by its experience and its capacity to continuously innovate, Saint-Gobain, the world leader in the habitat and construction market, designs, manufactures and distributes high-performance and building materials providing innovative solutions to the challenges of growth, energy efficiency and environmental protection. With 2014 sales of €41 billion, Saint-Gobain operates in 66 countries and has over 180,000 employees. For more information about Saint-Gobain, visit www.saint-gobain.com and the twitter account @saintgobain or download the "Saint-Gobain Shareholder" application for tablet and smartphone.
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