Saint-Gobain : Lapeyre in the pipeline unless the coronavirus decides otherwise
>There’s only one Lapeyre… - According to French daily Le Figaro, the sale process initiated in September is in the home straight. Saint-Gobain has reportedly selected two candidates, investment funds specialised in company turnarounds: French fund Equinox Industries and German fund Mutares. The buyer will also have to choose whether or not to carry on the historical business model as a dual distributor and manufacturer. It is currently active in windows and doors and...Compagnie de Saint-Gobain manufactures, produces, and distributes industrial materials. Co.'s activities are divided into four sectors: Innovative Materials (Co. makes, processes and sells glass and glazing products for the building, the automotive and solar energy industries; Co. also manufactures Ceramics and Plastics, Abrasives, and Textiles), Construction Products (Co. offers products for the Insulation, Gypsum, Exterior Products, Pipe and Industrial Mortars), Building Distribution (Co. distributes building materials (plumbing, heating and sanitaryware products) and ceramic tiles), and Packaging - Verallia (Co. manufactures glass containers and jars for foodstuffs and beverages).
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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