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| Mergers: Commission approves acquisition of BPB by Compagnie de Saint-Gobain The European Commission has cleared under the EU Merger Regulation the proposed acquisition of BPB plc., the UK producer of plasterboard and other plaster-based products by Compagnie de Saint-Gobain of France. The Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area or any substantial part of it. Saint-Gobain, listed on the Paris Stock Exchange, is a global manufacturer of high-technology materials. Its activities include the production and sale of materials such as glass, ceramics, plastics and building materials, notably insulation materials. Saint-Gobain is also active as a distributor of building materials via various subsidiaries (e.g. Point P, Jewson, Raab Karcher, Dahl) in several EEA countries. BPB, listed on the London Stock Exchange, is principally active in the production and sale of plasterboards and other plaster-based products, mainly under the Gyproc and Placoplātre brands, both in Europe and worldwide. The BPB group is also a supplier of insulation materials made from foams, plaster-based ceiling products and related products for interiors. write your comments about the article :: © 2005 Construction News :: home page |