LONDON: Saint-Gobain has entered into a definitive agreement to acquire FOSROC, a leading privately owned global construction chemicals player for $1,025 million (approximately €960 million) in cash. Following the acquisitions of Chryso in 2021, GCP in 2022 and 33 additional acquisitions since 2021, this move is a new strategic step in establishing Saint-Gobain’s worldwide presence…
All posts tagged construction chemicals
Saint-Gobain boosts construction chemicals business, advances innovative decarbonization
LONDON: Saint-Gobain Construction Chemicals is expanding its efforts to deploy new additives for low-carbon cement and concrete. These low-carbon technologies open up tremendous opportunities for co-development with new partners in fast-growing markets and to accelerate Saint-Gobain’s profitable growth in construction chemicals. Two partnerships illustrate this move: – Saint-Gobain has participated in the fund raising of…
Grafton Group to acquire Sitetech Building Products in Ireland
LONDON, UK: Grafton Group has agreed to acquire Sitetech Building Products, the market leader in the distribution of specialist construction accessories in Ireland where the business trades from two locations in Dublin and Cork. Completion of this acquisition is subject to approval by the Competition and Consumer Protection Commission in Ireland. Grafton Group is the…
Saint-Gobain to acquire GCP Applied Technologies for $2.3bn
LONDON, UK: Saint-Gobain has entered into a definitive agreement to acquire all of the outstanding shares of and GCP Applied Technologies for $32 per share, in cash, in a transaction valued at approximately $2.3bn. This acquisition is a decisive step in establishing Saint-Gobain’s leading position worldwide in construction chemicals with total sales of more than…