PARIS, January 4, 2016 /PRNewswire/ --
Saint-Gobain has acquired Brazilian company SG Plasticos, a leading player in specialty extruded tubing in Brazil, based in the state of São Paulo. The company provides differentiated and customized solutions related to fluid transfers on demanding applications to a wide variety of markets, including industrial, life sciences and automotive.
This acquisition is in line with the Group's strategy to increase its share of industrial assets in High-Performance Materials and in the US or in emerging countries. It will give Saint-Gobain Performance Plastics a leading position in the Brazil's high value-added tubing market, adding local manufacturing capabilities to strengthen its presence in the region with a broader portfolio of applications.
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 €38.3 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.
* restated excluding Verallia
Gaetano Terrasini, +33-1-47-62-32-52
Vivien Dardel, +33-1-47- 62-44-29
Florent Nouveau, +33-1-47- 62-30-93
Charles Hufnagel, +33-1-47-62-30-48
Susanne Trabitzsch, +33-1-47-62-43-25