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...