ANAHEIM, Calif.—Saint-Gobain S.A.'s Life Sciences division continues to shape itself into a global player.
The company just completed the acquisition of SG Plasticos, a Brazilian manufacturer of thermoplastic and polyurethane components, mainly servicing the Latin American medical industry.
Financial terms were not disclosed. Saint-Gobain said all of the firm's employees transferred with the business. Global Marketing Manager Aaron Updegrove and Rob Schwenker, Saint-Gobain's medical components business manager, spoke about the acquisition at the recent Medical Design & Manufacturing show in Anaheim.
“Part of our overall strategy to support growth for us and our customers is to make these continual investments,” Updegrove said. “Some of it is going to be organic, but also we're doing it through acquisition. Not only does it give us a foundation to build upon, but it allows us to support our customers' growth.”
SG Plasticos brings more thermoplastic extrusion capability for the Life Science division, but the firm also works with urethanes. It serves both the medical and industrial sectors from its 86,000-sq.-ft. facility in Sao Paolo, which gives Saint-Gobain Life Sciences 22 manufacturing operations globally—four in Europe, four in Asia and the remaining 14 in the Americas.
“The Brazilian market is a strong market for us,” Schwenker said. “I think for medical components, it's an area of growth just like China or India is. You don't see a lot of OEMs; you still see a lot of importation of medical devices into Brazil. But as they continue to develop, they're going to have their own OEM system. We want to get in early and be part of the medical device growth.”
The acquisition will give the Life Sciences division its first manufacturing presence in Brazil. Updegrove said the process capabilities that SG Plasticos brings to the table are similar to that in North America, which gives the firm an opportunity to share capabilities and establish best practices.
“SG Plasticos has shown an innovation that we want to maintain and give some Saint-Gobain infrastructure around it,” Schwenker said. “It gives us a foothold in all of South America, which we haven't really had. We don't have tons of manufacturing or business there today, but it's something we hope to grow and expand on.”