# Saint-Gobain to acquire Chryso from Cinven

Cinven agreed to sell Chryso, a global leader in specialty chemicals for construction, to Saint-Gobain. Chryso has 35 industrial sites and five R&D centres globally, employing about 1,300 people.

- Type: Acquisition
- Announced: 2021-05-20
- Where: France
- Value: $1.24B (1.02B EUR)
- Status: announced
- Products: concrete admixtures, cement additives, construction systems
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Saint-Gobain](https://endata.com/companies/1801.md) (acquirer)
- [Cinven](https://endata.com/companies/23050.md) (investor)
- [Cinven](https://endata.com/companies/23050.md) (partner)
- [CHRYSO](https://endata.com/companies/23051.md) (target)

## Sources

- [cinven.com](https://www.cinven.com/news-insights/cinven-to-sell-chryso-to-saint-gobain/), 2021-05-20: "International private equity firm Cinven announces that it has agreed to sell Chryso to Saint-Gobain, a leader in the building materials sector."
- [chryso.com](https://www.chryso.com/news/saint-gobain-enters-into-an-agreement-to-acquire-chryso-a-leading-global-player-in-construction-chemicals/), 2021-05-20: "Saint-Gobain today announces having entered into an agreement to acquire Chryso, a leading global player in the construction chemicals market."
- [gide.com](https://www.gide.com/en/news-insights/gide-advises-saint-gobain-on-the-acquisition-of-chryso/), 2021-05-25: "The acquisition of Chryso for an enterprise value of €1.020 billion, perfectly fits within Saint-Gobain’s strategic vision of worldwide leadership for sustainable construction."

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