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Saint-Gobain Sells Its PVC "Pipe & Foundations" Business To Westlake Chemical For US$175M (around 135M)

2013-03-06 17:33:00| chemicalonline News Articles

Saint-Gobain signed an agreement for the sale of its U.S.-based PVC Pipe & Foundations business to North American Pipe Corporation, a subsidiary of Westlake Chemical Corporation of Houston, Texas, for a total price (enterprise value) of US$175 million (around €135 million), representing 7.2 times 2012 EBITDA (US$24 million)

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