Compagnie St-Gobain COD Acquisition

  Compagnie St-Gobain (COD) - Acquisition

RNS Number : 7982M
Compagnie de Saint-Gobain
20 September 2012
 



                                       

 

 

 

 

                                                            September 20, 2012

 

 

 

                                       

                   Saint-Gobain continues to grow in Russia

                                       

                                       

Saint-Gobain is continuing to grow its Insulation Activity in Russia with  the 
acquisition of 25.1% of ZAO ISOROC.

 

Located in  Tambov, ISOROC  is leader  in the  Central region  for stone  wool 
products, the most commonly used insulation  material in the CIS. The  Company 
reported revenues of €46 million in 2011.

 

Through  this  partnership  ISOVER  is  strengthening  its  position  in   the 
insulation market in Russia and extending its product range.

 

This transaction is in line  with the Saint-Gobain Group's expansion  strategy 
in fast-growing high-potential regions and in energy efficiency markets.

 

 

About Saint-Gobain

Saint-Gobain, the  world  leader  in the  habitat  and  construction  markets, 
designs, manufactures and distributes building materials, providing innovative
solutions to the  challenges of  growth, energy  efficiency and  environmental 
protection. With 2011  sales of  €42.12 billion, Saint-Gobain  operates in  64 
countries and  has  nearly  195,000  employees.  For  more  information  about 
Saint-Gobain, please visit www.saint-gobain.com.

 

 

 

                                                        

        Press relations                   Analyst/Investor relations

                                                        
                                                        

                                 Florence TRIOU-TEIXEIRA  +33 1 47 62 45 19

Sophie CHEVALLON     +33 1 47 62 Vivien DARDEL                  +33 1 47 62 44
30 48                            29

Susanne TRABITZSCH +33 1 47 62   Alexandra BAUBIGEAT       +33 1 47 62 30 93
43 25
                                                        

 

 

                     This information is provided by RNS
           The company news service from the London Stock Exchange
 
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ACQLMMFTMBMTBLT -0- Sep/20/2012 16:11 GMT