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SGO Cie de SaintGobain

84.06
0.00 (0.00%)
13 Jan 2025 - Closed
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
  0.00 0.00% 84.06 84.04 86.48 0.00 00:00:00

Saint-Gobain Buys Germany's Kaimann

05/10/2018 8:13am

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By Pietro Lombardi

 

Compagnie de Saint-Gobain SA (SGO.FR) has bought German insulation-products manufacturer Kaimann, the French company said Friday.

Financial details of the deal weren't disclosed.

The French building-materials producer said that with the deal it "further enhances its range of insulating solutions, reinforcing its presence on the fast-growing segment of technical insulation."

Kaimann had sales of 70 million euros ($80.5 million) in 2017 and employs 320 people, according to Saint-Gobain.

The acquisition is subject to the approval of antitrust authorities.

 

Write to Pietro Lombardi at pietro.lombardi@dowjones.com

 

(END) Dow Jones Newswires

October 05, 2018 02:58 ET (06:58 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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