Watch the latest episode of focusIR Fireside Chats: Why Edinburgh Investment Trust Is Backing Turnaround Stocks for 2026 Growth. Viewhere

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSaint Gobain Or Regulatory News (COD)

  • There is currently no data for COD

Disposal

19 Dec 2013 16:46

RNS Number : 0339W
Compagnie de Saint-Gobain
19 December 2013
 



 

December 19, 2013

 

 

Saint-Gobain sells its Fiber Cement siding business

 

 

Saint-Gobain has signed an agreement for the sale of its U.S.-based Fiber Cement siding business to Plycem USA, a subsidiary of Elementia of Mexico.

 

This business is part of Saint-Gobain's Exterior Products activity of the Construction Products Sector. It manufactures and sells fiber cement siding, trim and accessory products for the U.S. and Canadian residential and commercial construction markets. The business employs close to 250 people and has three production sites in the United States: Roaring River, North Carolina; Terre Haute, Indiana; and White City, Oregon.

 

With this divestiture, Saint-Gobain's Exterior Products Siding business will focus its efforts on its vinyl and polymer shake siding cladding businesses that hold prominent positions in the North American exterior cladding market.

 

This transaction is expected to be finalized in the 1st quarter of 2014, subject to standard closing conditions.

 

 

 

About Saint-Gobain

Saint-Gobain, the world leader in the habitat and construction markets, designs, manufactures and distributes high-performance building materials, providing innovative solutions to the challenges of growth, energy efficiency and environmental protection. With 2012 sales of €43.2 billion, Saint-Gobain operates in 64 countries and has nearly 193,000 employees. For more information about Saint-Gobain, visit www.saint-gobain.com.

 

About Elementia

Elementia is a Mexican Consortium of leading industrial and construction companies which provides great technology in essential solutions for fiber cement, cement, concrete, polyethylene, styrene, polypropylene and copper applications. Elementia has four divisions: Metals, Building Systems, Plastics, and Cement, and has a presence in over 40 countries in the Americas and Europe with more than 5,000 distribution centers.

 

 

 

 

 

Analyst / Investor Relations

 

 

Press Contact

 

 

Gaetano Terrasini

Vivien Dardel

Alexandra Baubigeat

 

+33 1 47 62 32 52

+33 1 47 62 44 29

+33 1 47 62 30 93

 

 

Sophie Chevallon Susanne Trabitzsch

 

+33 1 47 62 30 48

+33 1 47 62 43 25

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DISDMMMZVLFGFZM
Date   Source Headline
17th Jan 20135:31 pmRNSNew facility
17th Jan 20135:27 pmRNSDisposal
14th Jan 20137:00 amRNSDisposal
7th Dec 20125:34 pmRNSCredit facility
30th Oct 20124:58 pmRNSNew plant
25th Oct 20125:48 pmRNS1st Quarter Results
16th Oct 20125:56 pmRNSAgreement-Memorandum in solar energy
8th Oct 20126:09 pmRNSFinal Terms
8th Oct 20126:05 pmRNSFinal Terms
8th Oct 20126:05 pmRNSFinal Terms
8th Oct 20126:03 pmRNSFinal Terms
26th Sep 20125:19 pmRNSIssue of Debt
20th Sep 20125:11 pmRNSAcquisition
19th Sep 20122:26 pmRNSMTN Programme Base Prospectus
14th Aug 20123:00 pmRNSMerger Update
2nd Aug 20123:22 pmRNSHalf Yearly Report
27th Jul 20127:00 amRNSHalf Yearly Report
27th Jun 20126:08 pmRNSPublication of Final Terms
27th Jun 20126:07 pmRNSFinal Terms
22nd Jun 20123:00 pmRNSMerger Update
20th Jun 201211:00 amRNSMerger Update
14th Jun 20124:51 pmRNSFinal Terms
8th Jun 20127:59 amRNSAcquisition
8th Jun 20127:00 amRNSAGM Statement
6th Jun 20127:00 amRNSFinal Terms
1st Jun 20125:17 pmRNSCancellation of shares
31st May 20125:29 pmRNSBonds Issue
16th May 20122:48 pmRNSFinal Terms
9th May 20129:52 amRNSAcquisition
3rd May 20124:50 pmRNS1st Quarter Results
30th Mar 20129:16 amRNSDisposal
27th Mar 20124:02 pmRNSPublication of Final Terms
14th Mar 20124:51 pmRNSIssue of Debt
5th Mar 20128:48 amRNSPublication of Prospectus
2nd Mar 201210:01 amRNSFY 2011 Consolidated Financial Statements
19th Jan 20128:39 amRNSFinal Terms EUR100M 4,5% Notes Tranche 3
19th Jan 20128:38 amRNSFinal Terms 4.5% Bonds Tranche4
18th Jan 20123:17 pmRNSFinal Terms of 2019 MTN Programme
14th Dec 20114:53 pmRNSAcquisition
30th Nov 20114:49 pmRNSAcquisition
25th Oct 20115:10 pmRNSThird Quarter Sales Results
30th Sep 20117:00 amRNSFinal Terms
30th Sep 20117:00 amRNSFinal terms
21st Sep 20115:04 pmRNSIssue of Debt
31st Aug 20114:54 pmRNSNew plant
18th Aug 201111:04 amRNSSupplement n°1 to MTN Prospectus
5th Aug 20117:00 amRNSH1-2001 Financial Report, incl. statements
28th Jul 20115:40 pmRNSHalf Yearly Report
27th Jul 20114:59 pmRNSAcquisition
20th Jul 20117:56 amRNSDevelopment

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.