FRANCE: SAINT-GOBAIN ABSORBS ABRASIVE SUBSIDIARY

Article Abstract:

In return for the absorption of its subsidiary, Saint-Gobain Flexovit (an operation worth a net contribution of FFr 17.75mn), Saint-Gobain Abrasifs will increase its capital of EUR 18.829mn. Saint-Gobain Flexovit is worth EUR 225,072 in capital.

Abrasive products, Abrasive Product Manufacturing, Abrasives, SAINT-GOBAIN ABSORBS ABRASIVE SUBSIDIARY

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FRANCE: GLENCORE UPS STAKE IN METALEUROP

Article Abstract:

While Preussag remains the other major shareholder, Glencore Finance Bermuda (a subsidiary of Glencore International) has increased its stake in Metaleurop. The holding company now controls 32.99% of Metaleurop's voting rights, compared to 31.05% before.

Primary nonferrous metals, not elsewhere classified, Lead, Primary Smelting and Refining of Nonferrous Metal (except Copper and Aluminum), Zinc, Lead products, Zinc products, Glencore International AG, METALEUROP, Metaleurop S.A.

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FRANCE: SOUDAGE PRODUCTION UPS CAPITAL

Article Abstract:

The result of receiving the welding product and equipment manufacturing activity of Sauvageau Commercy Soudage, Soudage Production Services has increased its capital at FFr 53.25mn. The company, worth a 30.25mn capital before, is based in Paris and belongs to the Air Liquide group.

Welding apparatus, Electric Welding Equip, Welding and Soldering Equipment Manufacturing, Welding equipment, SOUDAGE PRODUCTION UPS CAPITAL

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