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Acquisition

19 Mar 2018 09:04

RNS Number : 1163I
Compagnie de Saint-Gobain
19 March 2018
 

PRESS RELEASE

 

March 19th, 2018

 

 

 

Saint-Gobain strengTHens its Glass solutions portfolio

 

 

Saint-Gobain has acquired Italian company Logli Massimo, the specialist in glass systems and accessories for the fixing and assembly of glass panels, in particular for railings, shower doors, partition walls and interior and exterior doors.

 

Founded in 1989, today the company employs nearly 60 people. Already the leader in Italy, it is developing its position in France, Benelux and a number of other European countries. Integration with the Saint-Gobain Group will enable the company to accelerate its growth in Europe by being able to offer complete solutions to architects and tradespeople.

 

This acquisition is consistent with the Group's strategy of expanding its range of downstream products towards high value-added solutions.

 

 

 

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.

 

€40.8 billion in sales in 2017

Operates in 67 countries

More than 179,000 employees

www.saint-gobain.com @saintgobain

 

 

Analyst/Investor relations

 

 

Media relations

Vivien Dardel

Florent Nouveau

Floriana Michalowska

+33 1 47 62 44 29

 +33 1 47 62 30 93

 +33 1 47 62 35 98

Laurence Pernot

Susanne Trabitzsch

+33 1 47 62 30 10

 +33 1 47 62 43 25

 

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