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Saint-Gobain riding US housing recovery as French market slows

2015-06-04 14:14:50| Chemicals - Topix.net

Europe's largest building-materials supplier is capitalizing on the recovery in the U.S. housing market to become a bit more American. Cie. de Saint-Gobain SA is restarting dormant factories and hiring workers as part of $3 billion in U.S. investments, Chief Executive Officer Pierre-Andre de Chalendar said.

Tags: market french recovery housing

 

Saint-Gobain Acquires ZenPure, a Specialist in Filtration Products

2015-05-12 12:31:10| Industrial Newsroom - All News for Today

PARIS  Saint-Gobain has acquired ZenPure, a company specializing in the development and manufacture of filtration products, mainly for the life sciences sector. Created in 2002, ZenPure designs custom filters manufactured in a state-of-the-art plant in Hangzhou, China. The products are marketed and sold across the...

Tags: products specialist filtration acquires

 
 

Swiss regulator rejects Gates appeal on Sika, Saint-Gobain deal

2015-05-04 22:22:32| Chemicals - Topix.net

The Swiss financial regulator on Monday denied an appeal by investors including Bill Gates over a proposed 2.75 billion Swiss franc takeover of Swiss firm Sika chairman and his wife Melinda as well as Cascade Investment had sought to force the French firm to buy out minority shareholders in Sika, which is controlled by the Burkard-Schenker family. Swiss financial overseer FINMA said it backed an April decision by Switzerland's takeover board that Saint-Gobain is not required to make an offer to the Baar-based chemicals firm's minority shareholders.

Tags: deal appeal swiss gates

 

Sika Reduces Family's Rights to Stop a Sale to Saint-Gobain

2015-04-14 21:05:56| Chemicals - Topix.net

BAAR, Switzerland-Swiss chemical maker Sika AG on Tuesday reduced the voting rights of its founding family, a move designed to thwart the proposed sale of their stake to France's Saint-Gobain SA. At the company's annual meeting, the board capped the family's voting rights at 5%, severely limiting the appeal of their stake.

Tags: to rights sale stop

 

Saint-Gobain Buys Stake in British Indústria e Comércio Ltda.

2015-04-14 07:00:00| Nonwovens Industry Breaking News

French manufacturer purchases 70% stake to step up Brazilian presence

Tags: british buys stake ltda

 

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