Saint-Gobain (Courbevoie, France ; www.saint-gobain.com) has acquired Brazilian company SG Plasticos, a leading player in specialty extruded tubing in Brazil, based in the state of São Paulo. The company provides differentiated and customized solutions related to fluid transfers in 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 Brazil’s high-value-added tubing market, adding local manufacturing capabilities to strengthen its presence in the region with a broader portfolio of applications.