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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Compagnie De Saint-gobain | LSE:COD | London | Ordinary Share | FR0000125007 | COMPAGNIE DE ST-GOBAIN ORD SHS |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 70.775 | 67.05 | 73.70 | 16,294 | 14:00:16 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Construction Machinery & Eq | 47.94B | 2.67B | - | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMCOD
RNS Number : 6576T
Compagnie de Saint-Gobain
16 October 2017
PRESS RELEASE
October 16, 2017
Saint-Gobain finalizes the acquisition of Glava, a major player in the Norwegian insulation market
On June 14, 2017, Saint-Gobain announced that the Group had entered into exclusive talks with the founding families and shareholders of Glava to buy their shares. Having received the clearance from the Norwegian Competition Authority, the transaction is now completed.
A leading player on the insulation market in Norway, Glava reported sales of over EUR140 million in 2016. The company has two glass wool plants, at Askim, 55 km from Oslo, and at Stjørdal near Trondheim. It also has workshops producing expanded polystyrene and ceilings. Glava supplies a comprehensive range of insulating products and accessories to its customers.
This acquisition enables Saint-Gobain to reinforce its position in the Nordics in line with its strategy.
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.
EUR39.1 billion in sales in 2016
Operates in 67 countries
More than 170,000 employees
www.saint-gobain.com
@saintgobain
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+33 1 47
62 44 29
+33 1 47
Vivien Dardel 62 30 93
Florent Nouveau +33 1 47 +33 1 47
Floriana Michalowska 62 35 98 Susanne Trabitzsch 62 43 25
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This information is provided by RNS
The company news service from the London Stock Exchange
END
ACQGLBDGGBBBGRL
(END) Dow Jones Newswires
October 16, 2017 02:12 ET (06:12 GMT)
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