Compagnie de Saint-Gobain Acquisition (8587O)
June 01 2015 - 11:51AM
UK Regulatory
TIDMCOD
RNS Number : 8587O
Compagnie de Saint-Gobain
01 June 2015
Paris, June 1, 2015
Saint-Gobain reinforces its Gypsum business in Vietnam
The Saint-Gobain Group is reinforcing its presence in Vietnam by
increasing its shareholding in Vinh Tuong Industrial Corp. (VTI)
from 14.8% to over 57%.
VTI is one of the main players in the construction products
market in Vietnam with estimated sales of EUR100 million in 2015
and strong growth over the past few years. A leader in the
manufacture of wall solutions (three production plants) and in the
distribution of plasterboard in a fast-growing Vietnamese market,
VTI's business benefits from changes in building techniques to
incorporate more high value-added products.
This transaction reinforces the presence of Saint-Gobain in
Vietnam, where it already operates a plasterboard plant, and is
fully in line with the Group's strategy of expansion in
fast-growing markets.
ABOUT SAINT-GOBAIN
In 2015, Saint-Gobain is celebrating its 350(th) 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 EUR41 billion, Saint-Gobain operates in 64 countries and
has over 180,000 employees. For more information about
Saint-Gobain, visit www.saint-gobain.comand the twitter account
@saintgobainor download the "Saint-Gobain Shareholder" application
for tablet and smartphone.
Analyst/Investor Relations Media Relations
----------------------------------------- ------------------------------------------------------------
+33 1 47 62 32
52 +33 1 47 62
Gaetano Terrasini +33 1 47 62 44 30 48
Vivien Dardel 29 +33 1 47 62 Sophie Chevallon +33 1 47 62
Marine Huet 30 93 Susanne Trabitzsch 43 25
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