StockMarketWire.com - Saint-Gobain completed the acquisition of plasterboard manufacturer and distributor KNAUF Mexico.

This acquisition marked Saint-Gobain's entry onto the Mexican plasterboard market and rounded out its current plasterboard offering for buildings and ceilings, the company said.

'The transaction enables the Group to reinforce its presence on a fast-changing construction market, where it already enjoys a leading position in the glass market,' the company added.

KNAUF Mexico had close to €30m in sales in 2018.


At 8:42am: [LON:COD] Compagnie De StGobain share price was +0.05p at 36.01p



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