Saint-Gobain: acquisition of Wattex finalised.
(CercleFinance.com) - Saint-Gobain has announced that it has finalised the acquisition of 100% of Wattex's equity capital, a business owned by the founding Baert family, which manufacturing non-woven specialty products for the bitumen roof market.
“Located in the region of Antwerp in Belgium, this Company produces non-woven carriers made from glass-fiber reinforced polyester providing excellent performance to waterproofing membranes for roofs,” the group explained.
This acquisition will enable Saint-Gobain's Adfors business to develop new solutions with its customers and extend its line of reinforcement products on the roofing market.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
“Located in the region of Antwerp in Belgium, this Company produces non-woven carriers made from glass-fiber reinforced polyester providing excellent performance to waterproofing membranes for roofs,” the group explained.
This acquisition will enable Saint-Gobain's Adfors business to develop new solutions with its customers and extend its line of reinforcement products on the roofing market.
Copyright (c) 2017 CercleFinance.com. All rights reserved.