StockMarketWire.com - Saint-Gobain said Friday it had agreed to acquire Kaimann, a European-based manufacturer of elastomeric insulation products.

The acquisition would further enhance Saint-Gobain's range of insulating solutions, reinforcing its presence on the fast-growing segment of technical insulation, the company said.

The acquisition would also complement the company's portfolio of materials and technologies.

The transaction was subject to the approval of antitrust authorities.

At 8:41am: [LON:COD] Compagnie De StGobain share price was -0.21p at 35.91p



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