# 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.

- Type: Acquisition
- Announced: 2018-03-09
- Where: Riyadh, Saudi Arabia
- Status: announced
- Products: waterproofing products
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Saint-Gobain](https://endata.com/companies/1801.md) (acquirer)
- [Izomaks Industries](https://endata.com/companies/30657.md) (target)

## Sources

- [tradearabia.com](https://www.tradearabia.com/News/280317/Saint-Gobain-to-acquire-Saudi-waterproofing-company-Izomaks-), 2018-03-09: "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."

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