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Compagnie de Saint-Gobain

M&A Activity Jan 7, 2020

1640_rns_2020-01-07_740c9ad6-d951-4543-80e6-f8dbc22e4260.html

M&A Activity

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National Storage Mechanism | Additional information

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RNS Number : 0556Z

Compagnie de Saint-Gobain

07 January 2020

PRESS RELEASE

January 7, 2020

SAINT-GOBAIN ACQUIRES SONEX IN ACOUSTIC CEILINGS IN BRAZIL

Saint-Gobain announces the acquisition of Sonex in Brazil, a company specialized in the manufacture and supply of acoustic ceiling systems, marketed in particular under the Sonex, Nexacustic and Fiberwood brands.

Sonex is based in Diadema in the state of São Paulo and offers innovative high-performance solutions in a wide range of colors, materials and forms, allowing architects and builders to create aesthetically-pleasing and comfortable interior spaces for the end user.

This acquisition completes the Group's existing offer in Brazil in ceilings. It is in line with the Group's strategy to reinforce its presence in emerging countries. It allows Saint-Gobain to accelerate its development in Brazil, where it has been present since 1937, in a high-potential construction market. 

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.

€41.8 billion in sales in 2018

Operations in 68 countries

More than 180,000 employees

For more information about Saint-Gobain

Visit www.saint-gobain.com

and follow us on Twitter @saintgobain

Analyst/Investor relations Press relations
Vivien Dardel

Floriana Michalowska

Christelle Gannage
+33 1 47 62 44 29

  +33 1 47 62 35 98

  +33 1 47 62 30 93
Laurence Pernot

Patricia Marie

Susanne Trabitzsch
+33 1 47 62 30 10

+33 1 47 62 51 37

+33 1 47 62 43 25

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

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