Acquisition

RNS Number : 0417Q

Compagnie de Saint-Gobain

16 October 2019

 

 PRESS RELEASE

October 16, 2019

Saint-Gobain accelerates ITS development in MORTARS IN PERU

Saint-Gobain has just closed the acquisition of 100% of the mortars division of the Celima group in Peru, a market where Saint-Gobain has been present since 2014 through its Weber brand. The mortars division acquired is a leader in the country's tiling adhesives market and operates three plants in Lima, Arequipa and Trujillo. In 2018, it generated approximately €25 million in sales and has around 100 employees.

This acquisition is in line with the Group's strategy of deepening its footprint in emerging countries, and allows Saint-Gobain to accelerate its development and expand its offering in Peru in a fast-growing construction market. The Group is already a major player on the country's glass and plasterboard markets.

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.

€41.8 billion in sales in 2018
Operations in 68 countries
More than 180,000 employees

For more information about Saint-Gobain

Visit www.saint-gobain.com

and follow us on Twitter @saintgobain

Analyst/Investor relations		Press relations
Vivien Dardel Floriana Michalowska Christelle Gannage	[phone]  [phone]  [phone]	Laurence Pernot Patricia Marie Susanne Trabitzsch	[phone] [phone] [phone]

 

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