Compagnie de Saint-Gobain Acquisition (3377V)
October 27 2014 - 3:56AM
UK Regulatory
TIDMCOD
RNS Number : 3377V
Compagnie de Saint-Gobain
27 October 2014
October 27, 2014
Saint-Gobain expands its footprint in the Turkish abrasives
market
Saint-Gobain has just finalized the acquisition of Turkey-based
Atlas Zimpara, a long-standing partner of Saint-Gobain Abrasives.
Headquartered in Istanbul, Atlas Zimpara has a coated abrasives
processing plant in Gebze, an industrial area close to Istanbul.
The company offers a broad spectrum of products for the industrial
supplies, automotive repair and building markets in Turkey.
This investment strengthens Saint-Gobain's presence in Turkey.
The Group recently began operating a new organic grinding wheel
plant at Eski ehir, 300km south-east of Istanbul. This plant is a
leading site in terms of equipment and serves the Turkish market as
well as the Middle East and Central Asia.
This development in Turkey enables the Abrasives business to
effectively serve customers from a local industrial base and marks
an important stage in the Group's development in fast-growing
countries.
About Saint-Gobain
Saint-Gobain, the world leader in the habitat and construction
markets, designs manufactures and distributes building and
high-performance materials, providing innovative solutions to the
challenges of growth, energy efficiency and environmental
protection. With 2013 sales of EUR42 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
or download the new "Saint-Gobain Shareholder" application for
tablets and smartphones.
With approximately 10,900 employees, Saint-Gobain's Abrasives
Activity has a powerful manufacturing network of 64 plants in 28
countries. Its portfolio of products (coated, bonded,
super-abrasives, organic grinding wheels, construction products)
offers comprehensive solutions for every step of the grinding
process. For more information, visit
www.saint-gobain-abrasives.com.
Analyst/Investor Relations Press Relations
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32 52
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Gaetano Terrasini 44 29 30 48
Vivien Dardel +33 1 47 62 Sophie Chevallon +33 1 47 62
Marine Huet 30 93 Susanne Trabitzsch 43 25
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