Wendel takes two seats at Saint-Gobain

Wendel, which holds 20.6% of listed company Saint-Gobain, has gained two seats on the board. Wendel's Jean-Bernard Lafonta has been appointed as director to replace Jose-Luis Leal Maldonado. Bernard Gautier was also appointed director with the creation of a new seat taking the total number of directors to 16. Wendel holds the majority stake in the Paris-based producer of constructions materials. The company is a veritable French institution with its origins dating back to 1665.

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