Acquisition (2148L)
July 27 2011 - 11:59AM
UK Regulatory
TIDMCOD
RNS Number : 2148L
Compagnie de Saint-Gobain
27 July 2011
July 27, 2011
Saint-Gobain expands its plasterboard business in Turkey
Saint-Gobain, through its Gypsum Activity, today completed the
acquisition of Do aner, a Turkish manufacturer of plaster and
plasterboard. The company is located 50 km southeast of Ankara,
where it operates a plant with an annual production capacity of
500,000 tonnes of plaster and 12 million square meters of
plasterboard.
In 2010, Do aner generated revenue of nearly EUR22 million with
109 employees.
The acquisition will enable the Gypsum Activity to consolidate
its position in a large and growing market and to enhance its
current product range with locally manufactured plasterboard.
Saint-Gobain is already present in Turkey via a Rigips (one
plaster plant), Izocam (five insulation plants), and Weber (four
industrial mortar plants).
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 2010 sales of EUR40.1
billion, Saint-Gobain operates in 64 countries and has nearly
190,000 employees. For more information about Saint-Gobain, please
visit www.saint-gobain.com.
Analyst/Investor Relations Press Contact
---------------------------------- -----------------------------
Florence Triou-Teixeira +33 1 47 Sophie Chevallon +33 1 47 62
62 45 19 30 48
Etienne Humbert +33 1 47 62 30
49
Vivien Dardel +33 1 47 62 44 29
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This information is provided by RNS
The company news service from the London Stock Exchange
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