(CercleFinance.com) – Saint-Gobain announces that it has signed an agreement to acquire the Portuguese companies Fibroplac and Falper.
Fibroplac is highly recognized in the Portuguese market for the high quality of its plasterboard production while Falper has stood out for having developed an advanced digital solution for the design and production of light steel structures.
With combined sales of approximately 15 million euros and 75 employees, these two acquisitions will strengthen and accelerate the strong growth of Saint-Gobain in Portugal, a country in which the French group operates 10 factories, a technical development center in Aveiro, and employs more than 650 people.
These acquisitions are in line with the Group’s ‘Grow & Impact’ strategy successfully implemented in Portugal to strengthen its leading position in sustainable construction.
The finalization of these transactions is subject to the agreement of the competition authorities.
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