Acquisition complete

Saint-Gobain Performance Plastics has completed its acquisition of Solar Gard Specialty Films, a US-based manufacturer of automotive and architectural window films, custom coatings and photovoltaics.

Solar Gard’s three global production facilities and operations under development, sales and service centres worldwide and all employees currently working for the company are included in the transaction.
 
"The acquisition of Solar Gard is an important catalyst in the continued advancement of specialty films,” said Loic Mahe, vice president Composites, Saint-Gobain Performance Plastics. “Solar Gard’s unparalleled expertise in materials science and entrepreneurial spirit, combined with Saint-Gobain's legacy of high performance products, will create new opportunities throughout the industry."
 
Saint-Gobain is the world leader in the habitat and construction markets, and its investment in Solar Gard acknowledges the important role window films play in sustainable habitat solutions. With it, Saint-Gobain acquires a substantial footprint and worldwide distribution network in the flat glass retrofit business.
 
“This transaction represents what we’ve been saying for years – that the future for specialised films is bright and that Solar Gard is best positioned to lead the market,” said Christophe Fremont, general manager, Solar Gard. “This partnership legitimises the window film solution and opens the doors to the enormous glass market and sustainable habitat industry. This is an incredible opportunity for the industry overall, and we consider this historical strategic acquisition by Saint-Gobain as the most influential partnership that the industry has ever seen.”

www.solargard.co.uk
www.saint-gobain.com
www.plastics.saint-gobain.com