Last checked at 5 Jan 2016 17:18
January 5, 2016
Saint-Gobain finalizes an acquisition in Mortars in Brazil
Weber Quartzolit, part of Saint-Gobain Mortars, has strengthened its presence in Brazil thanks to the acquisition of Industrial Potengy, a company specializing in tile adhesives with the Fortcola brand and based in the State of Rio Grande do Norte in the north-east of the country.
A leading player on the Brazilian tile adhesives market but without a significant presence in this State to date, Weber Quartzolit will benefit from Industrial Potengy's local industrial and commercial infrastructure in pursuing its development going forward.
This transaction is in line with the Group's strategy to increase the share of its industrial assets located in the US and emerging countries.
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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 €38.3 billion*, Saint-Gobain operates in 66 countries and has more than 170,000 employees. For more information about Saint-Gobain, visitwww.saint-gobain.com and the twitter account @saintgobain, or download the "Saint-Gobain Shareholder" application for tablet and smartphone.
* restated excluding Verallia
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