Acquisition

RNS Number : 1163I

Compagnie de Saint-Gobain

19 March 2018

 

PRESS RELEASE

March 19^th, 2018

Saint-Gobain strengTHens its Glass solutions portfolio

Saint-Gobain has acquired Italian company Logli Massimo, the specialist in glass systems and accessories for the fixing and assembly of glass panels, in particular for railings, shower doors, partition walls and interior and exterior doors.

Founded in 1989, today the company employs nearly 60 people. Already the leader in Italy, it is developing its position in France, Benelux and a number of other European countries. Integration with the Saint-Gobain Group will enable the company to accelerate its growth in Europe by being able to offer complete solutions to architects and tradespeople.

This acquisition is consistent with the Group's strategy of expanding its range of downstream products towards high value-added solutions.

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.

€40.8 billion in sales in 2017

Operates in 67 countries

More than 179,000 employees

www.saint-gobain.com 
@saintgobain

Analyst/Investor relations		Media relations
Vivien Dardel Florent Nouveau Floriana Michalowska	[phone]  [phone]  [phone]	Laurence Pernot Susanne Trabitzsch	[phone]  [phone]

 

END

 

 

ACQJLMPTMBABMLP