Acquisition

 

TIDMCOD 
 
RNS Number : 3725J 
Compagnie de Saint-Gobain 
29 March 2010 
 

 
 
 
 
 
 
                                                                March 29th, 2010 
 
 
 
 
                  SAINT-GOBAIN REINFORCES ITS POSITION IN JAPAN 
 
 
 
Saint-Gobain has reinforced its position in Insulation in Japan through the 
acquisition of the 43.7% stake owned by the Japanese group Taiheiyo Cement 
Corporation in the company MAG. Following this transaction, which has received 
the agreement of the Japanese competition authorities, Saint-Gobain now owns 
87.3% of MAG's shareholders' equity.. 
MAG, Japan's leading glass wool manufacturer, had been managed jointly by 
Saint-Gobain and Taiheiyo Cement Corporation since June 2008. 
Japan is one of the world's major habitat markets, driven by a growing concern 
of Government and consumers for environment protection (reduction of CO2), 
energy efficiency and comfort. A greater emphasis on insulation results of new 
building standards becoming effective year after year 
With this acquisition, Saint-Gobain intends to play a major role in the Japanese 
construction products industry and to bring its best contribution to a better 
environment. 
 
 
 
 
 
+------------------------------------+-------------------------------+ 
|    Analyst & Investor relations    |        Press relations        | 
+------------------------------------+-------------------------------+ 
|                                    |                               | 
| Florence Triou-Teixeira        +33 | Sophie Chevallon        +33 1 | 
| 1 47 62 45 19                      | 47 62 30 48                   | 
| Etienne Humbert                    |                               | 
| [phone]                  |                               | 
| Vivien Dardel                      |                               | 
| [phone]                  |                               | 
|                                    |                               | 
+------------------------------------+-------------------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
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