# Saint-Gobain and Alghanim Industries become joint-venture partners in KIMMCO

Saint-Gobain and Alghanim Industries have become joint-venture partners in KIMMCO, a regional leader in insulation with a glasswool manufacturing plant in Shuaiba, Kuwait. The deal was effective January 11, 2018.

- Type: Acquisition
- Announced: 2018-01-11
- Where: Shuaiba, Kuwait, Kuwait
- Status: completed
- Products: glasswool insulation
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Saint-Gobain](https://endata.com/companies/1801.md) (acquirer)
- [Alghanim Industries](https://endata.com/companies/29331.md) (acquirer)
- [KIMMCO](https://endata.com/companies/29332.md) (target)

## Sources

- [investegate.co.uk](https://www.investegate.co.uk/index.php/announcement/rns/compagnie-de-st-gobain-sa--cod/acquisition/5055101), 2018-01-11: "KIMMCO is the regional leader in Insulation with a glasswool manufacturing plant in Shuaiba-Kuwait, operating under license from Saint-Gobain ISOVER."

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