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Acquisition

3 May 2016 07:00

RNS Number : 9454W
Compagnie de Saint-Gobain
02 May 2016
 

 

 

 

 

 

 

 

May 2, 2016

 

 

Saint-Gobain develops its wood fiber insulation business

 

 

Saint-Gobain has acquired Buitex, a company specializing in the manufacture of wood fiber insulation products for French and continental European markets under the brand Isonat®, which has become the company's new name.

 

This acquisition will allow Saint-Gobain to expand its range of multi-material insulation solutions while enabling ISONAT to benefit from industrial, R&D and commercial synergies with the Group.

 

This acquisition is consistent with the Group's strategy of developing on fast-growing niche markets with innovative habitat solutions.

 

 

 

 

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 2015 sales of €39.6 billion, Saint-Gobain operates in 66 countries and has more than 170,000 employees. For more information about Saint-Gobain, visit www.saint-gobain.com and the twitter account @saintgobain or download the "Saint-Gobain Shareholder" application for tablet and smartphone.

 

 

 

 

 

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 48

+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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