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  5. The Insulation Activity strengthens its position in the Nordics

The Insulation Activity strengthens its position in the Nordics

27/11/2017
  • Corporate
GLAVA
Saint-Gobain has aquired GLAVA, a leading player on the insulation market in Norway.
On June 14, 2017, Saint-Gobain announced that the Group had entered into exclusive talks with the founding families and shareholders of Glava to buy their shares. Having received the clearance from the Norwegian Competition Authority, the transaction is now completed. Glava reported sales of over €140 million in 2016. The company has two glass wool plants, at Askim, 55 km from Oslo, and at Stjørdal near Trondheim. It also has workshops producing expanded polystyrene and ceilings. Glava supplies a comprehensive range of insulating products and accessories to its customers.

 
  
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