Announced
Financials
Tags
Acquisition
Pending
Brazil
Household Equipment and Products
Majority
Friendly
Private
Single Bidder
acoustic ceiling systems
Synopsis
Saint-Gobain, a designer, manufacturer, and distributor of building materials, agreed to acquire Sonex, a manufacturer and supplier of acoustic ceiling systems. Financial terms were not disclosed. This acquisition completes the Group's existing offer in Brazil in ceilings. It is in line with the Group's strategy to reinforce its presence in emerging countries. It allows Saint-Gobain to accelerate its development in Brazil.
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