# Saint-Gobain to acquire Continental Building Products for $1.4 billion

Saint-Gobain announced it will acquire all outstanding shares of Continental Building Products for $37.00 per share in cash, valued at approximately $1.4 billion (€1.3 billion). The deal is expected to close on February 3, 2020, following regulatory and shareholder approval.

- Type: Acquisition
- Announced: 2020-01-30
- Where: North America, United States
- Value: $1.40B
- Jobs: 645
- Status: announced
- Products: plasterboard
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Saint-Gobain](https://endata.com/companies/1801.md) (acquirer)
- [Continental Building Products](https://endata.com/companies/43263.md) (target)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20200130005441/en/Saint-Gobain-Moves-Forward-With-the-Acquisition-of-Continental-Building-Products-Following-Regulatory-and-Stockholder-Approval), 2020-01-30: "Saint-Gobain today announces that Continental Building Products (NYSE: CBPX) obtained shareholder approval to be acquired by Saint-Gobain and that the waiting period under the Hart-Scott-Rodino Act has expired thereby satisfying the regulatory approval requirements under the merger agreement."
- [wconline.com](https://www.wconline.com/articles/92784-saint-gobain-moves-forward-with-acquisition-of-continental-building-products), 2020-02-04: "We are excited to have quickly received all necessary approvals to finalize the acquisition of Continental Building Products."

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