Bibby Finance Bibby Finance
Follow us on Twitter Follow us on LinkedIn Follow us on Instagram
Daily construction news
Weekly plant news

Construction News

Thu April 26 2018

Related Information
Related Information
Related Information
Related Information

News » International » Saint-Gobain to buy Brazilian adhesive business » published 26 Jul 2017

Saint-Gobain to buy Brazilian adhesive business

Saint-Gobain has agreed to buy an adhesives business operating in Brazil’s construction sector and on the automotive aftermarket.

It has signed an agreement to buy 100% of the equity capital of TekBond, which supplies a broad range of adhesives, sealants, sprays and masking tapes all over Brazil.

TekBond will join the part of Saint-Gobain’s business focused on high-performance materials. Saint-Gobain sees the acquisition as enabling its Brazilian operations to create synergies with the abrasives, mortars and flat glass business lines on the construction and industrial markets.

The deal is subject to the approval of the Brazilian antitrust authorities.



Download our free construction news iPhone / iPad app. Sign up to our FREE email newsletters or subscribe to our RSS feed for regular updates on the latest Construction News, Plant News & Contract News. The Construction Index also provides the latest Construction Tenders, Construction Market Data & Construction Law Commentary all FREE.

This article was published on 26 Jul 2017 (last updated on 26 Jul 2017).

More News Channels