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Compagnie de Saint-Gobain

M&A Activity Mar 1, 2018

1640_rns_2018-03-01_99962a91-04fe-4a27-bee7-4887dd0c742a.html

M&A Activity

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National Storage Mechanism | Additional information

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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

www.saint-gobain.com 

@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

END

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