5 Jan 2016 17:18
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January 5, 2016
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Saint-Gobain finalizes an acquisition in Mortars in Brazil
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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.
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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.
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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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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 β¬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.comΒ and the twitter accountΒ @saintgobain, or download the "Saint-Gobain Shareholder" application for tablet and smartphone.
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* restated excluding Verallia
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