Compagnie de Saint-Gobain Acquisition (1059O)

TIDMCOD

RNS Number : 1059O

Compagnie de Saint-Gobain

02 November 2016

PRESS RELEASE

November 2, 2016

SAINT-GOBAIN finalizes THE acquisition OF H-Old

Saint-Gobain has acquired 100% of the share capital of the Italian company h-old from private equity fund Arcadia Small Cap. Founded in 1982, h-old designs, manufactures and distributes - mostly in Europe - specialty adhesive tapes for various high-performance applications for industrial and automotive markets. Its sales should be around EUR25 million in 2016.

h-old reinforces the high-performance plastics business thanks to complementary commercial positions in terms of geography and 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.

EUR39.6 billion in sales in 2015

Present in 67 countries

More than 170,000 employees

www.saint-gobain.com

@saintgobain

 
 
      Analyst/Investor Relations             Press Relations 
----------------------------------  ------------------------------- 
                      +33 1 47 62 
                       32 52 
                       +33 1 47 62 
 Gaetano Terrasini     44 29 
  Vivien Dardel        +33 1 47 62                        +33 1 47 
  Florent Nouveau      30 93         Susanne Trabitzsch    62 30 10 
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November 02, 2016 03:14 ET (07:14 GMT)