M&A Activity • Aug 1, 2014
M&A Activity
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National Storage Mechanism | Additional information
RNS Number : 0039O
Compagnie de Saint-Gobain
01 August 2014
August 1, 2014
Saint-Gobain has completed the acquisition of Z-Tech LLC in the United States
Saint-Gobain has completed the acquisition of Z-Tech LLC, located in Bow, New Hampshire (United States). The company specializes in the production of zirconia powders used for their mechanical and thermal properties in a range of applications, such as pigments for ceramic tiles or thermal coatings for the aeronautics industry.
Z-Tech will be integrated within the Ceramic Materials business. This acquisition will enable Saint-Gobain to enhance its offer in the zirconia market. It ties in perfectly with the Group's strategy of strengthening its position in high-performance solutions for growing markets.
About Saint-Gobain
Saint-Gobain, the world leader in the habitat and construction markets, designs, manufactures and distributes building and high-performance materials, providing innovative solutions to the challenges of growth, energy efficiency and environmental protection. With 2013 sales of €42 billion, Saint-Gobain operates in 64 countries and has nearly 190,000 employees. For more information about Saint-Gobain, please visit www.saint-gobain.com or download the new "Saint-Gobain Shareholder" application for tablet and smartphone.
With almost 6,400 employees, Saint-Gobain's Ceramic Materials business has a powerful manufacturing base that includes 66 plants in 18 countries. It manufactures a wide range of high value-added components for industrial markets, including grains and powders, ceramic components, refractories, specialty crystals and associated systems. For more information, visit www.ceramicmaterials.saint-gobain.com/.
| Analyst/Investor Relations | Media Relations | ||
| Gaetano Terrasini Vivien Dardel Marine Huet |
+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
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