M&A Activity • Mar 1, 2018
M&A Activity
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RNS Number : 4571G
Compagnie de Saint-Gobain
01 March 2018
PRESS RELEASE
March 1st, 2018
Saint-Gobain strengTHens its solutions portfolio in high performance composites for the aerospace and industrial markets
Saint-Gobain has acquired HyComp, a leading supplier of composite components made with proprietary carbon fibers and thermoplastic materials, used in high temperature and long life applications in the aerospace industry. HyComp is headquartered in Ohio, United States, and employs around 120 people.
This acquisition is fully in line with the Group's strategy to develop new adjacent technological niches. It will enable the High-Performance Materials Activity to broaden its portfolio of materials for technically demanding applications.
ABOUT SAINT-GOBAIN
Saint-Gobain designs, manufactures and distributes materials and solutions which are key ingredients in the wellbeing of each of us and the future of all. They can be found everywhere in our living places and our daily life: in buildings, transportation, infrastructure and in many industrial applications. They provide comfort, performance and safety while addressing the challenges of sustainable construction, resource efficiency and climate change.
€40.8 billion in sales in 2017
Operates in 67 countries
More than 179,000 employees
@saintgobain
| Analyst/Investor relations | Media relations | ||
| Vivien Dardel Florent Nouveau Floriana Michalowska |
+33 1 47 62 44 29 +33 1 47 62 30 93 +33 1 47 62 35 98 |
Laurence Pernot Susanne Trabitzsch |
+33 1 47 62 30 10 +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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