REG - Compagnie St-Gobain - Acquisition
RNS Number : 1163ICompagnie de Saint-Gobain19 March 2018PRESS RELEASE
March 19th, 2018
Saint-Gobain strengTHens its Glass solutions portfolio
Saint-Gobain has acquired Italian company Logli Massimo, the specialist in glass systems and accessories for the fixing and assembly of glass panels, in particular for railings, shower doors, partition walls and interior and exterior doors.
Founded in 1989, today the company employs nearly 60 people. Already the leader in Italy, it is developing its position in France, Benelux and a number of other European countries. Integration with the Saint-Gobain Group will enable the company to accelerate its growth in Europe by being able to offer complete solutions to architects and tradespeople.
This acquisition is consistent with the Group's strategy of expanding its range of downstream products towards high value-added solutions.
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 RNSThe company news service from the London Stock ExchangeENDACQJLMPTMBABMLP
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