Saint-Gobain buys Brazilian firm, enhances performance plastics biz

Saint-Gobain buys Brazilian firm, enhances performance plastics biz

10:05 AM, 5th January 2016
Saint-Gobain buys Brazilian firm, enhances performance plastics biz

PARIS, FRANCE: Saint-Gobain SA said that it has acquired Brazilian company SG Plasticos, a leading player in specialty extruded tubing in Brazil, based in the state of Sao Paulo.

The company provides differentiated and customized solutions related to fluid transfers on demanding applications to a wide variety of markets, including industrial, life sciences and automotive.

This acquisition is in line with the group's strategy to increase its share of industrial assets in high-performance materials in US or in emerging countries. It will give Saint-Gobain performance plastics a leading position in the Brazil's high value-added tubing market, adding local manufacturing capabilities to strengthen its presence in the region with a broader portfolio of applications, company said.

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