WENDEL May 22, 2017
SAINT-GOBAIN GROWS ITS PERFORMANCE PLASTICS OPERATIONS IN GERMANYSaint-Gobain has signed a share purchase agreement to acquire 100% of the equity capital of Biolink, a German manufacturer of specialty adhesive tapes. Founded in 1997 and based in Waakirchen, 45km from Munich, this business develops and produces environmentally friendly solvent-free acrylic resin adhesive tapes for a variety of applications in the aeronautic, automotive and other industrial markets, mostly in Europe. Biolink has unique skills in the development of adhesive solutions working closely together with its customers and partners.
After taking over H-Old in Italy at the end of 2016, this Biolink acquisition will accelerate the growth of Saint-Gobain's performance plastics business in the fast growing adhesives market.
ABOUT SAINT-GOBAINSaint-Gobain designs, manufactures and distributes materials and solutions which are key ingredients in the wellbeing of each of us and the future of all. They can be found everywhere in our living places and our daily life: in buildings, transportation, infrastructure and in many industrial applications. They provide comfort, performance and safety while addressing the challenges of sustainable construction, resource efficiency and climate change.
€39.1 billion in sales in 2016 Operates in 68 countries More than 170,000 employees www.saint-gobain.com@saintgobain
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Vivien Dardel Florent Nouveau Floriana Michalowska | +33 1 47 62 44 29 +33 1 47 62 30 93 +33 1 47 62 35 98 | Susanne Trabitzsch | +33 1 47 62 43 25 |
Wendel SA published this content on 22 May 2017 and is solely responsible for the information contained herein.
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