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Industry Reacts to Saint-Gobain’s Finalized Purchase of Solar Gard

Post Time:Oct 08,2011Classify:Industry NewsView:311

 

The announcement of the completed acquisition of Solar Gard Specialty Films by Saint-Gobain Performance Plastics has been met with a variety of reactions to the big news.

 

“This transaction represents what we’ve been saying for years—that the future for specialized films is bright and that Solar Gard is best positioned to lead the market,” says Christophe Fremont, general manager of Solar Gard. “This partnership legitimizes 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.”

 

Solar Gard’s three global production facilities and operations under development, sales and service centers worldwide and all employees currently working for the company were included in the transaction.

“The acquisition of Solar Gard is an important catalyst in the continued advancement of specialty films,” says Loic Mahe, vice president of composites at Saint-Gobain Performance Plastics.

 

Others have predicted success for the Solar Gard brand with this leadership change as well.

 

“Considering my history with Solar Gard and the window film industry in general, I think I am qualified to say that the Saint-Gobain acquisition of Solar Gard is going to be beyond great for our industry and of course, all the dealers associated with Solar Gard products,” says Mark Bollegar, president of MarketPro Direct in Tampa, Fla. “In fact, this might just be the most significant acquisition our industry has seen to date. Saint-Gobain is one of the world’s largest and most respected manufacturers of flat glass products. Finally there is an acquiring company that makes for a perfect marriage within our industry—one that will bring dramatic growth opportunities to the table. Window film has always been somewhat of an outcast step-child in the eyes of much of the glass and glazing industry, yet with Saint-Gobain behind Solar Gard, I see nothing but good coming from this union.”

 

 

Source: http://www.usgnn.comAuthor: shangyi

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