SAINT-GOBAIN'S CONSTRUCTION PRODUCTS SECTOR MOVES INTO JAPAN.

AsiaPulse News | June 6, 2008 | Copyright

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MEDIA RELEASE PR30587 Saint-Gobain's Construction Products Sector Moves Into Japan

PARIS, 6 June /PRNewswire-AsiaNet/ --

Saint-Gobain's Construction Products sector has gained a foothold on the Japanese insulation market through its acquisition of the 43.64% stake held by Nippon Sheet Glass (NSG) in MAG. The acquisition was made for an amount of 1,750 million yen (EUR11 million). Following the acquisition, MAG will be jointly owned by Japanese group Taiheiyo Cement and Saint-Gobain, each with a ...

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