# Vanguard Properties and Permanente acquire COVIPOR from Saint-Gobain

Vanguard Properties and Permanente S.A. have signed a contract to acquire 100% of COVIPOR (Companhia Vidreira do Porto) from Saint-Gobain Portugal. The deal is subject to regulatory approval and will secure glass production for Vanguard's luxury construction projects.

- Type: Acquisition
- Announced: 2023-07-04
- Where: Santo Tirso, Portugal
- Status: announced
- Products: flat glass processing and distribution, tempered glass, double glazing
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Saint-Gobain](https://endata.com/companies/1801.md) (partner)
- [Vanguard Properties](https://endata.com/companies/71218.md) (acquirer)
- [Permanente](https://endata.com/companies/71219.md) (acquirer)
- [COVIPOR](https://endata.com/companies/71220.md) (target)

## Sources

- [diarioimobiliario.pt](https://diarioimobiliario.pt/Vanguard-Properties-e-Permanente-assinam-contrato-para-aquisicao-da-COVIPOR-a-Saint-Gobain), 2023-07-04: "É com enorme satisfação damos as boas-vindas à COVIPOR."

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