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Saint-Gobain agrees to acquire Duraziv | 17 May 2021


17 May 2021 | 08:12am
StockMarketWire.com - Saint-Gobain agreed to acquire Duraziv, a Romanian group specialized in the production of adhesives and other value-added construction chemicals solutions.
This acquisition will allow Saint-Gobain to expand its range of interior and exterior finishing solutions, the company said.
The acquisition followed the recent acquisition of Scientific and Production Company Adhesive LLC in Russia, a full-cycle company specialized in polyurethane and epoxy production to develop, manufacture and supply a broad selection of high-quality products for the construction, transport and space markets.
These acquisitions, which represent around €40 million in sales, are subject to the approval of the competent competition authorities, it added/ ....

Production Company Adhesive , Compagnie De Stgobain , Compagnie De St Gobain , Udon Cod , கொம்பக்னிக்கே டி ஸ்டம்ப் கோபேன் ,

Saint-Gobain agrees to sell pipe business in China in deal worth €100m | 16 April 2021


16 April 2021 | 08:29am
StockMarketWire.com - Saint-Gobain said it had agreed to sell 67% of its pipe business in China to a consortium led by local management in a deal worth around €100 million.
The sale of PAM China, expected to close during summer 2021, formed part of the Saint-Gobain s continued portfolio optimization strategy to enhance the group s growth and profitability profile.
PAM China comprises a production facility in Ma anshan, in the country s eastern region, employs almost 1,100 people, and generated €170 million in sales and €9 million in operating income in 2020.
At 8:29am: [LON:COD] Compagnie De StGobain share price was 0p at 39.54p
Story provided by StockMarketWire.com ....

Compagnie De Stgobain , Compagnie De St Gobain , Udon Cod , கொம்பக்னிக்கே டி ஸ்டம்ப் கோபேன் ,

Saint-Gobain invests €45m in new plasterboard manufacturing line in Romania | 6 April 2021


6 April 2021 | 07:30am
StockMarketWire.com - Construction materials company Saint-Gobain said it had invested €45 million to ramp-up capacity at its plasterboard manufacturing line at its Turda plant in Romania.
The move comes as the company sought to meet the rapidly growing local needs as well as those of the Central and Eastern European countries, the company said.
This line would be operational in April 2023, it added.
Story provided by StockMarketWire.com
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