Saint-Gobain Reinforces its Gypsum Business in the United States

Jul 29, 2015, 03:08 ET from Saint-Gobain

PARIS, July 29, 2015 /PRNewswire/ --

Saint-Gobain signed an agreement to purchase Structus Building Technologies, Inc. (SBTI) of Bend, Oregon.

Founded in 1996, Structus is a leading manufacturer of high-performance drywall corner solutions with a very strong focus on innovation, improving the way the building industry designs and constructs wall systems. Saint-Gobain has been successfully distributing Structus products for many years in North America and Europe, making this project a natural fit.  

The acquisition includes a single manufacturing location in Bend, Oregon, with 60 employees.

It ties in perfectly with the Group's strategy of strengthening its position in high value-added solutions for growing markets.

ABOUT SAINT-GOBAIN  

In 2015, Saint-Gobain is celebrating its 350th 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 €41 billion, Saint-Gobain operates in 64 countries and has over 180,000 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