Saint-Gobain reports that it has signed a share purchase agreement to acquire 100 percent of the equity capital of Kirson. Founded in 1963 and located in Bavaria, Germany, Kirson makes reinforcement scrim and combination products of scrim and nonwoven fabrics. These products primarily serve the waterproof roofing, floor covering and construction panel markets. In 2016, Kirson’s revenues reached 27 million euros.
Saint-Gobain reports that the acquisition is fully aligned with its strategy to consolidate its positioning on high-performance solutions in the housing and construction sector. The company’s products provide comfort, performance and safety while addressing the challenges of sustainable construction, resource efficiency and climate change.