TIDMCOD 
 
RNS Number : 3749O 
Compagnie de Saint-Gobain 
28 June 2010 
 

 
 
 
                                                                   June 28, 2010 
 
 
 
              Saint-Gobain sells its "Advanced Ceramics" business 
                      to CoorsTek for 245 million dollars 
 
 
 
Saint-Gobain has signed an agreement for the sale of its "Advanced Ceramics" 
business to the US company CoorsTek, for a total (enterprise value) of 245 
million US dollars (about 200 million euros). Manufactured and marketed by 
Saint-Gobain's Ceramic Materials activity, these products are ceramic 
components: hot surface igniters, electro-ceramic parts for household 
appliances, ceramic balls for high-performance bearings, automobile water pump 
seals, special components for the semiconductor industry, agricultural spray 
nozzles, and other dense alumina components. In 2009, Saint-Gobain's "Advanced 
Ceramics" business reported sales of 135 million euros, with more than 1,100 
employees spread out over 14 sites in the Americas, Europe, and Asia. 
 
Saint-Gobain accepted the offer of CoorsTek, a major global and historic 
stakeholder in the advanced ceramics industry, given that this company has the 
investment resources and R&D capacity to allow the businesses sold to capitalize 
on new synergy for their international development. 
 
With this divestment, Saint-Gobain's Ceramic Materials activity is continuing to 
implement dynamic management of its business portfolio by favoring activities 
with high technological content, in which it enjoys a leadership position in 
terms of innovation and product development. 
 
This divestment is subjected to approval by the US and Brazilian anti-trust 
authorities. 
 
More 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 2009 sales of EUR37.8 billion, Saint-Gobain operates in 64 countries and has 
more than 190,000 employees. For more information about Saint-Gobain, please 
visit www.saint-gobain.com. 
 
More about CoorsTek 
CoorsTek is the leading technical ceramics manufacturer headquartered in North 
America with facilities in Europe and Asia. CoorsTek supplies critical 
components and complete assemblies for defense, medical, automotive, 
semiconductor, aerospace, electronic, power generation, telecommunication, and 
other high-technology applications. Utilizing advanced material technologies, 
the company's engineered solutions enable its customers' products to overcome 
technological barriers and improve performance. For more information about 
CoorsTek, please visit www.coorstek.com. 
 
 
+----------------------------------+---------------------------------+ 
|  Analyst & Investor relations    |        Press relations          | 
+----------------------------------+---------------------------------+ 
|                                  | Sophie Chevallon                | 
| Florence Triou-Teixeira          | +33 1 47 62 30 48               | 
| +33 1 47 62 45 19                | Sonia Hauseux                   | 
| Etienne Humbert                  | +33 1  47 62 37 75              | 
| +33 1 47 62 30 49                |                                 | 
| Vivien Dardel                    |                                 | 
| +33 1 47 62 44 29                |                                 | 
|                                  |                                 | 
+----------------------------------+---------------------------------+ 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 DISDMGZVKRRGGZM 
 

Compagnie De Saint-gobain (LSE:COD)
Historical Stock Chart
From Sep 2024 to Oct 2024 Click Here for more Compagnie De Saint-gobain Charts.
Compagnie De Saint-gobain (LSE:COD)
Historical Stock Chart
From Oct 2023 to Oct 2024 Click Here for more Compagnie De Saint-gobain Charts.