Saint-Gobain Buys Distribution Companies in Northern Ireland, Argentina, Spain

Date: 21 June 2006
Source: Forbes.com

Date: 21 June 2006

Saint-Gobain SA said it has bought building materials distribution companies in Northern Ireland, Argentina and Spain as part of its international expansion plans.

In Northern Ireland, it bought JP Corry, which has 22 branches, including a few in Ireland and England. The group had revenues of 97.4 mln stg in its full year to March, and has 548 employees.

Saint-Gobain also bought Barugel Azulay in Argentina, which has annual sales of 32 mln eur generated from 12 stores, mainly in the state of Buenos Aires.

The company also bought Vera Meseguer in Murcia, Spain, which has 3 branches and 42 mln eur of annual sales.

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600450 Saint-Gobain Buys Distribution Companies in Northern Ireland, Argentina, Spain glassonweb.com

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