Saint-Gobain plans 4 billion euros acquisition spree

Date: 3 December 2013

Saint-Gobain (SGOB.PA) pledged to spend 4 billion euros ($5.4 billion) on acquisitions through 2018 as part of a strategy to focus on high-growth, high-margin products.

Unveiling its medium-term strategy to investors, Europe's biggest supplier of building materials said it was also targeting 800 million euros of additional cost savings in 2014-15.Read more...Saint-Gobain (SGOB.PA) pledged to spend 4 billion euros ($5.4 billion) on acquisitions through 2018 as part of a strategy to focus on high-growth, high-margin products.

Unveiling its medium-term strategy to investors, Europe's biggest supplier of building materials said it was also targeting 800 million euros of additional cost savings in 2014-15.

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