Saint Gobain acquires Turkish business

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Published: Tuesday, 28 October 2014

The latest acquisition highlights the French company’s desire to expand into emerging markets and with good reason; in its latest set of results, the group underscored good gains in these markets and demand appears to be stable.

France’s Saint Gobain yesterday finalised its acquisition of Turkey’s Atlas Zimpara, an abrasives producer which has a coated abrasives processing plant in Gebze, an area close to Istanbul.

The latest acquisition, made for an undisclosed sum, is the latest in a series of steps by the...

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