# Saint-Gobain Adfors America acquires P-D Valmiera Glass USA assets

Saint-Gobain Adfors America, Inc. acquired the assets of P-D Valmiera Glass USA Corp., a Georgia-based producer of glass fiber materials, through a bankruptcy court-approved sale. The company had invested over $100 million in two facilities.

- Type: Acquisition
- Announced: 2020-06-22
- Where: Georgia, USA, United States
- Status: completed
- Products: glass fiber materials
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md), [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [P-D VALMIERA GLASS USA Corp.](https://endata.com/companies/34663.md) (target)
- [Saint-Gobain Adfors America](https://endata.com/companies/45656.md) (acquirer)

## Sources

- [schgroup.com](https://www.schgroup.com/representative-transactions/p-d-valmiera-glass-usa-corp-has-continued-operations-through-a-transaction-with-saint-gobain-adfors-america-inc/), 2020-06-22: "SC&H quickly negotiated a stalking horse offer from Saint-Gobain, a French multinational corporation, with over 180,000 employees in 67 countries."
- [abfjournal.com](https://www.abfjournal.com/sch-capital-advises-valmiera-glass-in-sale-to-saint-gobain-adfors-america/), 2020-07-07: "After an extensive marketing process that covered the globe, the offer from Saint-Gobain presented the best opportunity to satisfy those objectives."
- [schgroup.com](https://www.schgroup.com/press-releases/sch-capital-advises-p-d-valmiera-glass-usa-corp-in-its-sale-to-saint-gobain-adfors-america-inc/), 2020-07-07: "After an extensive marketing process that covered the globe, the offer from Saint-Gobain presented the best opportunity to satisfy those objectives."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
