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SGO Cie de SaintGobain

75.40
0.70 (0.94%)
Last Updated: 09:29:25
Delayed by 15 minutes
Share Name Share Symbol Market Type
Cie de SaintGobain EU:SGO Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.70 0.94% 75.40 75.38 75.42 75.48 74.78 74.92 119,256 09:29:25

Saint-Gobain Buys Belgian Materials Company

04/12/2017 7:59am

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Cie de SaintGobain (EU:SGO)
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   By Nathan Allen 
 

France's Compagnie de Saint-Gobain SA (SGO.FR) said on Monday that it has finalized the acquisition of Belgian roof-reinforcement specialist Wattex.

Neither company disclosed financial details of the transaction.

Wattex was founded in Antwerp in 1953 and produces fiberglass-reinforced materials for various applications, including waterproofing roofs.

Saint-Gobain said the acquisition will allow its technical textile business unit, known as Adfors, to expand its line of roofing reinforcement products.

 

Write to Nathan Allen at nathan.allen@dowjones.com

 

(END) Dow Jones Newswires

December 04, 2017 02:44 ET (07:44 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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