- extract from Saint-Gobain's press release 13 March, 2008 -

Saint-Gobain doubles the size of its industrial mortars business

The acquisition is part of the Group’s strategy to develop its presence on construction markets, and allows Saint-Gobain to double the size of its industrial mortars business.

The acquisition will also give Saint-Gobain a front-ranking position in new markets such as Germany and Scandinavia. The two groups have a joint presence in numerous eastern European countries and in most western European countries. maxit has 103 plants in 30 countries, while Weber has 80 units in 27 countries.

In addition to its industrial mortars business, maxit provides clay-based solutions for draining and insulating foundations, a widely used technique in Scandinavian countries.

Read the entire press release:
http://www.saint-gobain.com/en/html/presse/pdf/CP%20Maxit_ENG.pdf