Compagnie de Saint-Gobain Acquisition (4432N)
October 25 2016 - 12:44PM
UK Regulatory
TIDMCOD
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.
EUR39.6 billion in sales in 2015
Present in 67 countries
More than 170,000 employees
www.saint-gobain.com
@saintgobain
Analyst/Investor Relations Press Relations
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+33 1 47 62
32 52
+33 1 47 62
Gaetano Terrasini 44 29
Vivien Dardel +33 1 47 62 +33 1 47
Florent Nouveau 30 93 Susanne Trabitzsch 62 30 10
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This information is provided by RNS
The company news service from the London Stock Exchange
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October 25, 2016 12:44 ET (16:44 GMT)
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