Saint-Gobain announces Verallia’s first industrial presence in Algeria
Saint-Gobain announces Verallia's first industrial presence in Algeria
Saint-Gobain announces the acquisition of the public company Alver by Verallia, the Packaging Sector
of the Saint-Gobain Group. As part of the Algerian privatization process, Verallia has just signed an
agreement for the 100% acquisition of the public company Alver.
Alver, based in Oran, is one of Algeria's leading glass packaging manufacturers and distributors.
Alver's sales were approximately €7.0 millions in 2010 and the company employs 474 people.
Verallia has committed to making the necessary investments to increase production capacities and to
improve the performance of the plant in Oran, as well as establishing an employee training program.
"This confirms the growth strategy of Verallia. It establishes Verallia's first industrial presence in the
South of the Mediterranean Basin, a market that offers an important potential for the filing of food jars
and beverage bottles," said Pierre-André de Chalendar, Chairman and CEO of Saint-Gobain.
About Saint-Gobain
Saint-Gobain, the world leader in the habitat and construction markets, designs, manufactures and
distributes building materials, providing innovative solutions to the challenges of growth, energy
efficiency and environmental protection. With 2010 sales of €40.1 billion, Saint-Gobain operates in 64
countries and has nearly 190,000 employees. For more information about Saint-Gobain, please visit
www.saint-gobain.com.
Contact press
Contacts analystes, investisseurs
Sophie CHEVALLON +33 1 47 62 30 48
Florence TRIOU-TEIXERA +33 1 47 62 45 19
Etienne HUMBERT +33 1 47 62 30 49
Vivien DARDEL +33 1 47 62 44 29