Acquisition

RNS Number : 4432N

Compagnie de Saint-Gobain

25 October 2016

 

PRESS RELEASE

October 25, 2016

saint-gobain ACQUIRES France pare-brise

Saint-Gobain has just completed the acquisition of France Pare-Brise, which has the second largest franchise network in France on the automotive glass repair and replacement market. This network has a broad geographical spread, with 320 exclusive franchise fitting stations. France Pare-Brise serves insurance companies, corporate fleets, car rental and leasing companies as well as retail customers.

Saint-Gobain produces automotive glass for automakers and for the replacement market, and it also distributes and fits this glass. The acquisition of this franchise with significant growth potential allows Saint-Gobain to consolidate its positions on the fitting market in Europe, where the Group is already present in nine countries.

ABOUT SAINT-GOBAIN

Saint-Gobain designs, manufactures and distributes materials and solutions which are key ingredients in the wellbeing of each of us and the future of all. They can be found everywhere in our living places and our daily life: in buildings, transportation, infrastructure and in many industrial applications. They provide comfort, performance and safety while addressing the challenges of sustainable construction, resource efficiency and climate change.

€39.6 billion in sales in 2015

Present in 67 countries

More than 170,000 employees

www.saint-gobain.com

@saintgobain 

Analyst/Investor Relations		Press Relations
Gaetano Terrasini Vivien Dardel Florent Nouveau	[phone] [phone] [phone]	Susanne Trabitzsch	[phone]

 

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