REG - Compagnie St-Gobain - Acquisition <Origin Href="QuoteRef">SGOB.PA</Origin>

Compagnie de Saint Gobain SAAnnouncement

25/10/2016 17:45

RNS Number : 4432N
Compagnie de Saint-Gobain
25 October 2016
PRESS RELEASE
October 25, 2016
saint-gobain ACQUIRES France pare-brise
Saint-Gobain has just completed the acquisition of France Pare-Brise, which has the second largest franchise network in France on the automotive glass repair and replacement market. This network has a broad geographical spread, with 320 exclusive franchise fitting stations. France Pare-Brise serves insurance companies, corporate fleets, car rental and leasing companies as well as retail customers.
Saint-Gobain produces automotive glass for automakers and for the replacement market, and it also distributes and fits this glass. The acquisition of this franchise with significant growth potential allows Saint-Gobain to consolidate its positions on the fitting market in Europe, where the Group is already present in nine countries. 
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.
39.6 billion in sales in 2015
Present in 67 countries
More than 170,000 employees
www.saint-gobain.com 
@saintgobain
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
Susanne Trabitzsch
+33 1 47 62 30 10

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