# Saint-Gobain strengthens partnership with El Volcan in Latin America

Saint-Gobain and El Volcan group signed an agreement covering operations in Peru and Argentina, representing approximately €60 million in sales, 6 plants and 450 employees. Saint-Gobain will buy El Volcan Soluciones Constructivas in Peru and sell a 45% stake in its Argentine gypsum group to El Volcan.

- Type: Acquisition
- Announced: 2020-12-14
- Status: announced
- Products: plasterboard, mortars, plaster
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Saint-Gobain](https://endata.com/companies/1801.md)
- [El Volcan](https://endata.com/companies/51825.md) (partner)

## Sources

- [investegate.co.uk](https://www.investegate.co.uk/index.php/announcement/rns/compagnie-de-st-gobain-sa--cod/acquisition/6365822), 2020-12-14: "This transaction enables Saint-Gobain to strengthen its partnership with the El Volcan group by extending it into two new Latin American 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.