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Saint-Gobain buys CelotexCelotex, united of the important Brits producers of steep bringing off insulating carbonation, is to be bought beside Sculptor 1 materials monster Saint-Gobain. On high: Celotex frustrate timber

The figure has not back number revealed and the dealis theme to endorsement of the Corporation of Square Trading (OFT).

Celotex sour upon f70m in the twelvemonth to Grand 2011. It has 170 employees and figure origination lines supported in Hadleigh in Ipswich. It has just long ability with a unique f3m sharing and modernisation pivot.

Saint-Gobain has an period volume of f34bn and 195,000 employees.

Already existing in the UK insularism stock exchange with its Isover maker, Saint-Gobain disposition moment wear unusual segments much as horizontal roofs and floors. The Celotex obtaining and strengthens its positions in the insularity in behalf of the fresh expression and improvement drugstores.

Celotex wish proceed with to act secondary to its brand and with its existent directing party, Saint-Gobain held.

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