TIDMCOD

RNS Number : 1227U

Compagnie de Saint-Gobain

27 July 2015

July 27, 2015

Saint-Gobain gains a foothold in Ghana

Saint-Gobain, through its Industrial Mortars Activity (Saint-Gobain Weber), has created a joint venture in Ghana with local partners. Saint-Gobain will hold a minority interest in the first instance. Based in Accra (capital of Ghana), this joint venture will manufacture industrial mortars and commercialise them in Ghana.

This transaction allows Saint-Gobain to gain a foothold in West Africa, a region that has been experiencing a dynamic growth for several years, especially in the construction market. It also strengthens its ability to meet strong local demand in Sub-Saharan Africa where Saint-Gobain Weber is already present in South Africa. It supports Saint-Gobain Group's strategy to develop in this high-potential region.

ABOUT SAINT-GOBAIN

In 2015, Saint-Gobain is celebrating its 350(th) anniversary, 350 reasons to believe in the future. Backed by its experience and its capacity to continuously innovate, Saint-Gobain, the world leader in the habitat and construction market, designs, manufactures and distributes high-performance and building materials providing innovative solutions to the challenges of growth, energy efficiency and environmental protection. With 2014 sales of EUR41 billion, Saint-Gobain operates in 64 countries and has over 180,000 employees. For more information about Saint-Gobain, visit www.saint-gobain.com and the twitter account @saintgobain or download the "Saint-Gobain Shareholder" application for tablet and smartphone.

 
 
         Analyst/Investor Relations                                Media Relations 
-----------------------------------------  ------------------------------------------------------------ 
 
                          +33 1 47 62 32 
                          52                                                                +33 1 47 62 
   Gaetano Terrasini      +33 1 47 62 44                                                    30 48 
   Vivien Dardel          29 +33 1 47 62                             Sophie Chevallon       +33 1 47 62 
   Marine Huet            30 93                                     Susanne Trabitzsch      43 25 
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