Saint-Gobain signs deal to acquire Saudi Arabia based Izomaks Industries

LONDON, UK: Saint-Gobain has entered into a definitive agreement to acquire Izomaks Industries LLC (Kingdom of Saudi Arabia), a leading manufacturer of waterproofing products (floors, roofs) in Saudi Arabia, a statement said. Izomaks Industries operates two manufacturing facilities in Riyadh, employs around 140 people and will generate revenues of approximately €60 million in 2023. This…