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        PRA

Saint-Gobain acquires Brazil’s SG Plasticos

France-headquartered Saint-Gobain has acquired São Paulo-based company SG Plasticos, a leading player in specialty extruded tubing in Brazil. The company provides differentiated and customised solutions related to fluid transfers on demanding applications to a wide variety of markets, including industrial, life sciences and automotive.

According to Saint-Gobain, the acquisition is in line with its strategy to increase its share of industrial assets in High-Performance Materials and in the US or in emerging countries, as well as enable Saint-Gobain Performance Plastics to position strongly in Brazil's high value-added tubing market, adding local manufacturing capabilities to strengthen its presence in the region with a broader portfolio of applications.

(PRA)


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