# AGC to transfer AGC Polymer Material shares to Saint-Gobain K.K.

AGC Inc. has agreed to transfer all of its 50.72% stake in AGC Polymer Material Co., Ltd. (APK) to Saint-Gobain K.K. The transaction is expected to close in or around December 2026, subject to regulatory approvals.

- Type: Acquisition
- Announced: 2026-07-24
- Where: Tokyo, Japan
- Status: announced
- Products: polyurethane waterproofing materials, flooring materials
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [AGC](https://endata.com/companies/20063.md)
- [Saint-Gobain](https://endata.com/companies/1801.md) (acquirer)
- [AGC](https://endata.com/companies/20063.md) (partner)
- [AGC Polymer Material Co., Ltd.](https://endata.com/companies/93152.md) (target)
- [AGC Polymer Materials](https://endata.com/companies/93215.md) (target)

## Sources

- [agc.com](https://www.agc.com/en/news/detail/1211906_2814.html), 2026-07-24: "After careful consideration of the future growth and development of APK, whose core business is the manufacturing and sale of polyurethane waterproofing materials for buildings, AGC concluded that becoming part of Saint-Gobain K.K., which has a broad portfolio of construction materials businesses, w"
- [globalgypsum.com](https://www.globalgypsum.com/news/2522-saint-gobain-to-acquire-majority-stake-in-agc-polymer-materials), 2026-08-06: "Saint-Gobain has concluded a deal to acquire a majority stake in construction chemicals producer AGC Polymer Materials from AGC Corp, due for completion in early 2027."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.