Compagnie de Saint-Gobain Acquisition (1163I)
March 19 2018 - 4:04AM
UK Regulatory
TIDMCOD
RNS Number : 1163I
Compagnie de Saint-Gobain
19 March 2018
PRESS RELEASE
March 19(th) , 2018
Saint-Gobain strengTHens its Glass solutions portfolio
Saint-Gobain has acquired Italian company Logli Massimo, the
specialist in glass systems and accessories for the fixing and
assembly of glass panels, in particular for railings, shower doors,
partition walls and interior and exterior doors.
Founded in 1989, today the company employs nearly 60 people.
Already the leader in Italy, it is developing its position in
France, Benelux and a number of other European countries.
Integration with the Saint-Gobain Group will enable the company to
accelerate its growth in Europe by being able to offer complete
solutions to architects and tradespeople.
This acquisition is consistent with the Group's strategy of
expanding its range of downstream products towards high value-added
solutions.
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.
EUR40.8 billion in sales in 2017
Operates in 67 countries
More than 179,000 employees
www.saint-gobain.com
@saintgobain
Analyst/Investor relations Media relations
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+33 1 47 +33 1 47
Vivien Dardel 62 30 93 62 30 10
Florent Nouveau +33 1 47 Laurence Pernot +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
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March 19, 2018 05:04 ET (09:04 GMT)
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