# Saint-Gobain acquires TekBond adhesives business in Brazil

Saint-Gobain signed a share purchase agreement to acquire 100% of TekBond, the number two adhesives business in Brazil, serving construction and automotive aftermarket. The deal is subject to Brazilian antitrust approval.

- Type: Acquisition
- Announced: 2017-07-25
- Where: Embu das Artes, São Paulo, Brazil
- Status: announced
- Products: adhesives, sealants, sprays, masking tapes
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Saint-Gobain](https://endata.com/companies/1801.md) (acquirer)
- [TekBond](https://endata.com/companies/25826.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/saint-gobain-acquires-tekbond--adhesives-specialist-in-brazil-636446463.html), 2017-07-25: "Saint-Gobain has signed a share purchase agreement to acquire 100% of the equity capital of TekBond, the number two adhesives business in Brazil operating in the construction sector and on the automotive aftermarket."
- [g1.globo.com](https://g1.globo.com/economia/negocios/noticia/grupo-frances-saint-gobain-compra-100-da-brasileira-tekbond.ghtml), 2017-07-25: "A compra deve permitir à Saint-Gobain criar importantes sinergias em negócios envolvendo abrasivos, argamassas e lâminas de vidro."
- [theconstructionindex.co.uk](https://www.theconstructionindex.co.uk/news/view/saint-gobain-to-buy-brazilian-adhesive-business), 2017-07-26: "Saint-Gobain sees the acquisition as enabling its Brazilian operations to create synergies with the abrasives, mortars and flat glass business lines on the construction and industrial markets."

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