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Announced

Saint-Gobain acquired Knauf Mexico.

Synopsis

Saint-Gobain, a French multinational manufacturing corporation, acquired Knauf Mexico, a company specializing in the manufacture and distribution of plasterboard. Financial terms were not disclosed. This acquisition marks Saint-Gobain's entry onto the Mexican plasterboard market and rounds out its current plasterboard offering for buildings and ceilings. 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.

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