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News Saint-Gobain completes acquisition of Glava

Saint-Gobain completes acquisition of Glava

Written by Global Insulation staff
13 October 2017
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Norway: Saint-Gobain has completed its acquisition of insulation producer Glava following the approval of the local competition authority. The deal was first announced in June 2017. The two companies have a long history together through a licence agreement for Isover. Prior to the acquisition, Saint-Gobain owned 17% of Glava’s shares and it was represented on the board of directors.

In conjunction with the purchase Jon Karlsen, the managing director of Glava, has also been appointed as the managing director of Saint-Gobain Byggevarer, a company consisting of the brands Weber and Gyproc.

Last modified on 16 October 2017
Published in Global Insulation News
Tagged under
  • Norway
  • SaintGobain
  • Acquisition
  • Glava
  • GGM37

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