Saint-Gobain has entered into an agreement to acquire the companies Fibroplac and Falper:
- Fibroplac, with a plant located in Pombal (center of Portugal), is well recognized in the Portuguese market by the high quality of its production of gypsum plasterboards.
- Falper, with a plant in Vila Nova de Gaia (Porto district in Portugal), has developed an advanced digital solution for the design and manufacturing of light steel structures.
With a joint turnover of around 15 million euros and 75 employees, these two acquisitions will reinforce and accelerate the strong growth of Saint-Gobain in Portugal by:
- Providing local offer of high quality gypsum plasterboard to accelerate the double-digit growth of plasterboard systems.
- Developing integrated sustainable solutions by combining light steel framing, plasterboard, insulation and construction chemicals products that will address the needs on the fast growing off-site modular construction market.
In Portugal, Saint-Gobain has 10 factories as well as a technical development center in Aveiro and employs more than 650 persons.
These acquisitions are aligned with Saint-Gobain’s “Grow & Impact” strategy that is being successfully implemented in Portugal to reinforce its leadership position in light and sustainable construction. The closure of these transactions is subject to the approval of the