PARIS, December 19, 2013 /PRNewswire/ --
Saint-Gobain has signed an agreement for the sale of its
U.S.-based Fiber Cement siding business to Plycem USA, a subsidiary of Elementia of Mexico.
This business is part of Saint-Gobain's Exterior Products
activity of the Construction Products Sector. It manufactures and
sells fiber cement siding, trim and accessory products for the U.S.
and Canadian residential and commercial construction markets. The
business employs close to 250 people and has three production sites
in the United States: Roaring River, North Carolina; Terre Haute, Indiana; and White City, Oregon.
With this divestiture, Saint-Gobain's Exterior Products Siding
business will focus its efforts on its vinyl and polymer shake
siding cladding businesses that hold prominent positions in the
North American exterior cladding market.
This transaction is expected to be finalized in the
1st quarter of 2014, subject to standard closing
conditions.
About Saint-Gobain
Saint-Gobain, the world leader in the habitat and
construction markets, designs, manufactures and distributes
high-performance building materials, providing innovative solutions
to the challenges of growth, energy efficiency and environmental
protection. With 2012 sales of €43.2 billion, Saint-Gobain operates
in 64 countries and has nearly 193,000 employees. For more
information about Saint-Gobain,
visit http://www.saint-gobain.com.
About Elementia
Elementia is a Mexican Consortium of
leading industrial and construction companies which provides great
technology in essential solutions for fiber cement, cement,
concrete, polyethylene, styrene, polypropylene and copper
applications. Elementia has four divisions: Metals, Building
Systems, Plastics, and Cement, and has a presence in over 40
countries in the Americas and Europe with more than 5,000 distribution
centers.
Analyst / Investor Relations
Gaetano Terrasini
+33-1-47-62-32-52
Vivien Dardel
+33-1-47-62-44-29
Alexandra Baubigeat
+33-1-47-62-30-93
Press Contact
Sophie Chevallon
+33-1-47-62-30-48
Susanne Trabitzsch
+33-1-47-62-43-25
SOURCE Saint-Gobain
