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
15th Mar 20247:16 amRNSVery low carbon siding production in the US
14th Mar 20247:13 amRNSAcquisition
1st Mar 20245:36 pmRNSDisposal
29th Feb 20245:23 pmRNSAnnual Financial Report
26th Feb 20248:12 amRNSAcquisition
21st Feb 20249:07 amRNSSaint-Gobain in advanced talks to acquire CSR
6th Feb 20245:27 pmRNSAgreement
2nd Feb 20247:05 amRNSAcquisition
18th Jan 20245:07 pmRNSAcquisition
15th Jan 20247:22 amRNSAcquisition
15th Dec 20237:05 amRNSAcquisition
12th Dec 20237:11 amRNSAgreement
8th Dec 20235:58 pmRNSRevolving credit facility
7th Dec 20237:09 amRNSAcquisition
6th Dec 20236:05 pmRNSDisposal
23rd Nov 20235:27 pmRNSEvolution of Saint-Gobain’s governance
16th Nov 20236:22 pmRNSIssue of Debt
13th Nov 20239:59 amRNSAcquisition
7th Nov 20237:11 amRNSAgreement
26th Oct 20236:10 pmRNS3rd Quarter Results
10th Oct 20235:13 pmRNSCapital reduction
26th Sep 20234:51 pmRNSAcquisition
20th Sep 20234:57 pmRNSAgreement
1st Sep 20237:04 amRNSDisposal
21st Aug 20237:33 amRNSAcquisition
1st Aug 20237:12 amRNSDisposal
26th Jul 20235:49 pmRNSHalf-year Report
6th Jul 20234:46 pmRNSInvestment
3rd Jul 20237:18 amRNSDisposal
26th Jun 20234:53 pmRNSAcquisition
15th Jun 20237:08 amRNSAcquisition
12th Jun 20235:26 pmRNSAcquisition
9th Jun 20237:00 amRNSGM Statement
8th Jun 20237:03 amRNSDouble-digit operating margin expected for H1 2023
16th May 20234:55 pmRNSPower Purchase Agreement in India
27th Apr 20236:06 pmRNS1st Quarter Results
6th Apr 20235:04 pmRNSNew plant in Norway
30th Mar 20235:09 pmRNSDisposal
30th Mar 20237:13 amRNSFlat glass production using more than 30% hydrogen
16th Mar 20234:54 pmRNSAcquisition
1st Mar 20237:09 amRNSDisposal
23rd Feb 20235:05 pmRNSAnnual Financial Report
22nd Feb 20237:05 amRNSAcquisition
6th Feb 20237:00 amRNSPartnership between Saint-Gobain and AGC
30th Jan 20237:05 amRNSAcquisition
10th Jan 20237:06 amRNSIssue of Debt
4th Jan 20237:10 amRNSAcquisition
14th Dec 20227:04 amRNSCDP_A_List_2022
12th Dec 20227:40 amRNSDisposal
2nd Dec 20227:00 amRNSDisposal

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.