Compagnie de Saint Gobain (FR:SGO) has released an update.
Don't Miss Our New Year's Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Saint-Gobain is bolstering its leadership in Turkey’s construction sector by acquiring His Yalıtım, a local stone wool producer, through its co-owned company İzocam. This move aligns with Saint-Gobain’s ‘Grow & Impact’ strategy, enhancing its presence in sustainable construction solutions. The acquisition complements the inauguration of a new construction chemicals plant, reinforcing its market position in insulation and sustainable building materials.
For further insights into FR:SGO stock, check out TipRanks’ Stock Analysis page.