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Saint-Gobain agrees to acquire Duraziv
StockMarketWire.com
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Saint-Gobain agreed to acquire Duraziv, a Romanian group specialized in the production of adhesives and other value-added construction chemicals solutions.
'This acquisition will allow Saint-Gobain to expand its range of interior and exterior finishing solutions,' the company said.
The acquisition followed the recent acquisition of Scientific and Production Company Adhesive LLC in Russia, a full-cycle company specialized in polyurethane and epoxy production to develop, manufacture and supply a broad selection of high-quality products for the construction, transport and space markets.
'These acquisitions, which represent around €40 million in sales, are subject to the approval of the competent competition authorities,' it added/
At 8:12am: (LON:COD) Compagnie De StGobain share price was 0p at 39.54p
Story provided by StockMarketWire.com
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