Saint-Gobain to acquire Saudi waterproofing company Izomaks

Saint-Gobain has entered into a definitive agreement to acquire Izomaks Industries, a manufacturer of waterproofing products in Saudi Arabia. Izomaks operates two manufacturing facilities in Riyadh, employs around 140 people and will generate revenues of approximately €60 million in 2023.

“Saint-Gobain, a global leader in light and sustainable construction, has entered into a definitive agreement to acquire Izomaks Industries, a leading manufacturer of waterproofing products (floors, roofs) in Saudi Arabia.”tradearabia.com

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• tradearabia.comSaint-Gobain to acquire Saudi waterproofing company IzomaksRIYADHMar 9, 2018

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