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
competition authorities.
