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Acquisition

5 Jan 2016 17:18

RNS Number : 9321K
Compagnie de Saint-Gobain
05 January 2016
 

 

 

 

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.

 

 

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 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

 

 

 

Analyst/Investor relations

Press relations

 

Gaetano Terrasini

Vivien Dardel

Florent Nouveau

 

+33 1 47 62 32 52

+33 1 47 62 44 29

+33 1 47 62 30 93

 

 

Charles Hufnagel 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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