REG - Compagnie St-Gobain - Acquisition

Compagnie de Saint Gobain SAAnnouncement

24/05/2022 17:15

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RNS Number : 6627M  Compagnie de Saint-Gobain  24 May 2022

 

 

 

 

 

 

 

SAINT-GOBAIN ACQUIRES FIBROPLAC AND FALPER

TO ACCELERATE ITS GROWTH AS A LEADER IN

LIGHT AND SUSTAINABLE CONSTRUCTION IN PORTUGAL

 

Saint-Gobain has entered into an agreement to acquire the companies Fibroplac
and Falper:

 

·    Fibroplac, with a plant located in Pombal (center of Portugal), is
well recognized in the Portuguese market by the high quality of its production
of gypsum plasterboards.

·    Falper, with a plant in Vila Nova de Gaia (Porto district in
Portugal), has developed an advanced digital solution for the design and
manufacturing of light steel structures.

 

With a joint turnover of around 15 million euros and 75 employees, these two
acquisitions will reinforce and accelerate the strong growth of Saint-Gobain
in Portugal by:

·    Providing local offer of high quality gypsum plasterboard to
accelerate the double-digit growth of plasterboard systems.

·    Developing integrated sustainable solutions by combining light steel
framing, plasterboard, insulation and construction chemicals products that
will address the needs on the fast growing off-site modular construction
market.

 

In Portugal, Saint-Gobain has 10 factories as well as a technical development
center in Aveiro and employs more than 650 persons.

 

These acquisitions are aligned with Saint-Gobain's "Grow & Impact"
strategy that is being successfully implemented in Portugal to reinforce its
leadership position in light and sustainable construction. The closure of
these transactions is subject to the approval of the competition authorities.

 

 

ABOUT SAINT-GOBAIN

Worldwide leader in light and sustainable construction, Saint-Gobain designs,
manufactures

and distributes materials and services for the construction and industrial
markets. Its integrated solutions for the renovation of public and private
buildings, light construction and the decarbonization

of construction and industry are developed through a continuous innovation
process and provide sustainability and performance. The Group's commitment is
guided by its purpose,

"MAKING THE WORLD A BETTER HOME".

 

€44.2 billion in sales in 2021

166,000 employees, locations in 75 countries

Committed to achieving Carbon Neutrality by 2050

 

For more information about Saint-Gobain,

visit www.saint-gobain.com (http://www.saint-gobain.com/) and follow us on
Twitter @saintgobain

Analyst/Investor relations                        Press relations

Vivien Dardel :               +33 1 88 54 29 77
     Patricia Marie :              +33 1 88 54 26 83

Floriana Michalowska :  +33 1 88 54 19 09
 Susanne Trabitzsch :     +33 1 88 54 27 96

Christelle Gannage :      +33 1 88 54 15 49

Alix Sicaud :                   +33 1 88 54 38 70

 

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