Dec 30, 2025ACQUISITIONIndonesia, Indonesia Saint-Gobain forms joint venture to acquire Indocement mortars business in Indonesia
Saint-Gobain completed a joint venture with Indocement's subsidiary to acquire Indocement's mortars business in Indonesia. Saint-Gobain holds 60% of the JV, which includes three production lines under the Tiga Roda brand, generating close to €20 million in 2025 sales.
Productsmortarswhite skim coatgrey mortar
“PBI sold 60% of MPU shares to CMU.”indocement.co.id
- 4 sources
- indocement.co.idIndocement and Saint-Gobain Strengthen Mortar Business in Indonesia | PT Indocement Tunggal Prakarsa Tbk.Dec 30, 2025
- news.europawire.euSaint-Gobain Forms Joint Venture to Acquire Indocement Mortars Business in Indonesia | EuropaWireEuropaWire PR EditorsDec 30, 2025
- tradingview.comSaint-Gobain To Acquire Indocement's Mortar Activities In Indonesia Via JV — TradingView NewsJan 5, 2026
- kalkine.co.ukSaint-Gobain (LSE:SGOB) Forms Mortars Joint Venture in IndonesiaTeam KalkineJan 5, 2026
Summarized from public sources; check the original articles before acting on it.
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