M&A Activity • Jan 4, 2016
M&A Activity
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January 4, 2016
Saint-Gobain has acquired Brazilian company SG Plasticos, a leading player in specialty extruded tubing in Brazil, based in the state of São Paulo. The company provides differentiated and customized solutions related to fluid transfers on demanding applications to a wide variety of markets, including industrial, life sciences and automotive.
This acquisition is in line with the Group's strategy to increase its share of industrial assets in High-Performance Materials and in the US or in emerging countries. It will give Saint-Gobain Performance Plastics a leading position in the Brazil's high value-added tubing market, adding local manufacturing capabilities to strengthen its presence in the region with a broader portfolio of applications.
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, visit www.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 48 +33 1 47 62 43 25 |
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