Saint-Gobain has acquired Brazilian company SG Plasticos, a leading player in specialty extruded tubing in Brazil, based in Sao Paulo. The company provides differentiated and customised solutions related to fluid transfers on demanding applications to a wide variety of markets, including industrial, life sciences and automotive.
This acquisition is in line with the group’s strategy to increase its share of industrial assets in high-performance materials and in the US or in emerging countries. “It will give Saint-Gobain Performance Plastics a leading position in the Brazil’s high value-added tubing market, adding local manufacturing capabilities to strengthen its presence in the region with a broader portfolio of applications,” said the company in a press release.
This acquisition is in line with the group’s strategy to increase its share of industrial assets in high-performance materials and in the US or in emerging countries. “It will give Saint-Gobain Performance Plastics a leading position in the Brazil’s high value-added tubing market, adding local manufacturing capabilities to strengthen its presence in the region with a broader portfolio of applications,” said the company in a press release.