◂ Announcements

Oct 8, 2018ACQUISITIONGermany

Saint-Gobain to acquire German insulation maker Kaimann

Saint-Gobain has signed an agreement to acquire 100% of Kaimann, a German producer of elastomer-based insulation, employing 320 people with 2017 revenue of €70 million.

Status

Announced

Productselastomer-based insulation

CompaniesSaint-Gobain acquirer Kaimann target

Sectors#Specialty Chemicals

“Saint-Gobain announced on Friday that it had signed an agreement with Kaimann to acquire 100% of the capital of one of the main European players in elastomer-based insulation.”batinfo.com

1 source
batinfo.comSaint-Gobain to acquire German Kaimann | BatinfoBat infoOct 8, 2018

Summarized from public sources; check the original articles before acting on it.

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Saint-Gobain to acquire German insulation maker Kaimann · Endata