REG - Compagnie St-Gobain - Acquisition

Compagnie de Saint Gobain SAAnnouncement

07/12/2023 07:15

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RNS Number : 0136W  Compagnie de Saint-Gobain  07 December 2023

 

SAINT-GOBAIN FURTHER STRENGTHENS its position in CONSTRUCTION CHEMICALS IN
INDIA

 

Saint-Gobain announces that it has acquired Menkol Industries Private Limited,
a leading Indian manufacturer in high-added value waterproofing systems.

 

This acquisition strengthens Saint-Gobain's Construction Chemicals position in
added-value specialty building materials in the very dynamic Indian market.
Menkol Industries is specialized in high-performance waterproofing systems for
building foundations that perfectly complement the existing Preprufe(®)
patented waterproofing membranes from Saint-Gobain's recent GCP acquisition.
This acquisition is a decisive step in Saint-Gobain's aim to build a leading
technical waterproofing platform in India.

 

This acquisition is in line with Saint-Gobain's strategic plan, "Grow &
Impact" which aims to both strengthen the Group's leadership and accelerate
its growth by enriching its range of solutions for light and sustainable
construction.

 

 

About Saint-Gobain
Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group's commitment is guided by its purpose, "MAKING THE WORLD A BETTER HOME".
 
€51.2 billion in sales in 2022
168,000 employees, locations in 75 countries
Committed to achieving Carbon Neutrality by 2050
 
For more information about Saint-Gobain, visit
www.saint-gobain.com (http://www.saint-gobain.com/)
 and follow us on X @
saintgobain (https://twitter.com/saintgobain)

 Analyst/investor relations                Press relations
 Vivien Dardel:         +33 1 88 54 29 77  Patricia Marie :               +33 1 88 54 26 83
 Floriana Michalowska:  +33 1 88 54 19 09  Laure Bencheikh :              +33 1 88 54 26 38
 Alix Sicaud:           +33 1 88 54 38 70  Flavio Bornancin-Tomasella :   +33 1 88 54 27 96
 James Weston:          +33 1 88 54 01 24

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