Compagnie de Saint-Gobain Acquisition (7336U)
December 04 2013 - 11:50AM
UK Regulatory
TIDMCOD
RNS Number : 7336U
Compagnie de Saint-Gobain
04 December 2013
December 4, 2013
Saint-Gobain acquires LS Kunststofftechnologie GmbH,
German leader in high-performance polymer processing
Saint-Gobain has finalized the acquisition of LS
Kunststofftechnologie GmbH, a German manufacturer of
high-performance polymer components for the automotive, medical and
industrial markets.
Created in 1985, LS Kunststofftechnologie is headquartered in
Wertheim, near Frankfurt. It has two production sites, one in
Wertheim and the other in Neuhaus, near Erfurt, and more than 220
employees.
LS co-develops tailor-made solutions in response to its
customers' specific requirements and has cutting-edge expertise in
design, tooling, testing and the processing of high-temperature
polymers. The addition of LS to Saint-Gobain Performance Plastics
will help boost international sales of its products.
This acquisition is a perfect fit with the Group's strategy of
strengthening its positions in high-performance and co-developed
solutions.
About Saint-Gobain
Saint-Gobain, the world leader in habitat markets, designs,
manufactures and distributes high-performance building materials,
bringing innovative solutions to meet today's global challenges,
including growth, energy and the environment. With 2012 sales of
EUR43.2 billion, Saint-Gobain operates in 64 countries and has
nearly 193,000 employees. A world leader in high-performance
plastics, Saint-Gobain Performance Plastics is headquartered in
Aurora, Ohio (US). The company employs nearly 5,200 employees in 17
countries. Its product offer includes films, foams, coated fabrics,
bearings, seals and fluid systems. For more information, visit
www.saint-gobain.com
Analyst/Investor relations Press relations
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