Compagnie de Saint-Gobain Acquisition (1227U)
July 27 2015 - 2:40AM
UK Regulatory
TIDMCOD
RNS Number : 1227U
Compagnie de Saint-Gobain
27 July 2015
July 27, 2015
Saint-Gobain gains a foothold in Ghana
Saint-Gobain, through its Industrial Mortars Activity
(Saint-Gobain Weber), has created a joint venture in Ghana with
local partners. Saint-Gobain will hold a minority interest in the
first instance. Based in Accra (capital of Ghana), this joint
venture will manufacture industrial mortars and commercialise them
in Ghana.
This transaction allows Saint-Gobain to gain a foothold in West
Africa, a region that has been experiencing a dynamic growth for
several years, especially in the construction market. It also
strengthens its ability to meet strong local demand in Sub-Saharan
Africa where Saint-Gobain Weber is already present in South Africa.
It supports Saint-Gobain Group's strategy to develop in this
high-potential region.
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.com and the twitter account
@saintgobain or 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
--------------------- ------------------ -------------------------------------------- --------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
ACQRRMFTMBJTMFA
Compagnie De Saint-gobain (LSE:COD)
Historical Stock Chart
From Aug 2024 to Sep 2024
Compagnie De Saint-gobain (LSE:COD)
Historical Stock Chart
From Sep 2023 to Sep 2024