Last checked at 3 May 2016 07:00
May 2, 2016
Saint-Gobain develops its wood fiber insulation business
Saint-Gobain has acquired Buitex, a company specializing in the manufacture of wood fiber insulation products for French and continental European markets under the brand Isonat®, which has become the company's new name.
This acquisition will allow Saint-Gobain to expand its range of multi-material insulation solutions while enabling ISONAT to benefit from industrial, R&D and commercial synergies with the Group.
This acquisition is consistent with the Group's strategy of developing on fast-growing niche markets with innovative habitat solutions.
ABOUT SAINT-GOBAIN
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 2015 sales of €39.6 billion, Saint-Gobain operates in 66 countries and has more than 170,000 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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