# Saint-Gobain acquires Térmica San Luis in Argentina

French group Saint-Gobain acquired Térmica San Luis, the leading rock wool insulation manufacturer in Argentina, adding 50 employees to its local operations.

- Type: Acquisition
- Announced: 2023-02-01
- Where: San Luis province, Argentina
- Jobs: 50
- Status: completed
- Products: rock wool insulation
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Saint-Gobain](https://endata.com/companies/1801.md) (acquirer)
- [Térmica San Luis](https://endata.com/companies/68287.md) (target)

## Sources

- [lanacion.com.ar](https://www.lanacion.com.ar/economia/negocios/construccion-una-multinacional-salio-de-compras-en-la-argentina-nid01022023/), 2023-02-01: "La adquisición está en línea con su estrategia 'grow & impact', cuyo objetivo es fortalecer el liderazgo del Grupo y acelerar su crecimiento ampliando su gama de soluciones para la construcción liviana y sustentable."

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