StockMarketWire.com - Compagnie de Saint-Gobain has completed the acquisition of France Pare-Brise, which has the second largest franchise network in France on the automotive glass repair and replacement market.

This network has a broad geographical spread, with 320 exclusive franchise fitting stations. France Pare-Brise serves insurance companies, corporate fleets, car rental and leasing companies as well as retail customers.

Saint-Gobain produces automotive glass for automakers and for the replacement market, and it also distributes and fits this glass.

Saint-Gobain says the acquisition of this franchise with significant growth potential allows it to consolidate its positions on the fitting market in Europe, where the group is already present in nine countries.




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