Saint-Gobain Develops its Wood Fiber Insulation Business

02 May, 2016, 13:02 ET from Saint-Gobain

PARIS, May 2, 2016 /PRNewswire/ --

Saint-Gobain has acquired Buitex, a company specializing in the manufacture of wood fiber insulation products for French and continental European markets under the brand Isonat®, which has become the company's new name.

This acquisition will allow Saint-Gobain to expand its range of multi-material insulation solutions while enabling ISONAT to benefit from industrial, R&D and commercial synergies with the Group.

This acquisition is consistent with the Group's strategy of developing on fast-growing niche markets with innovative habitat solutions.

ABOUT SAINT-GOBAIN  

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 2015 sales of €39.6 billion, Saint-Gobain operates in 66 countries and has more than 170,000 employees. For more information about Saint-Gobain, visit http://www.saint-gobain.com and the twitter account @saintgobain or download the "Saint-Gobain Shareholder" application for tablet and smartphone.

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SOURCE Saint-Gobain