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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Saint-Gobain acquires Saudi Serpo Co. and inaugurates renovated facilities · Endata

◂ Announcements

Construction Materialsworld trade 2024+2.5% 5Y CAGR

Aug 12, 2021ACQUISITIONSaudi Arabia (Central Region), Saudi Arabia

Saint-Gobain acquires Saudi Serpo Co. and inaugurates renovated facilities

Saint-Gobain and Rolaco's joint venture acquired Saudi Serpo Co. in 2020. On August 12, 2021, the newly renovated 16,000 m² production facilities in Saudi Arabia were inaugurated, with upgraded technology to increase capacity and product range.

Status

Completed

Productsmortarsadmixturesacrylic façade solutionstile fixingepoxy based products

CompaniesSaint-Gobain acquirer Rolaco for Trading and Contracting partner Saudi Serpo Co. target

Sectors#Construction Materials

“On August 12, 2021, the newly renovated premises were inaugurated by Mohieddin EL HASHASH Saint-Gobain KSA CEO and Ibrahim MADI Rolaco group CFO.”saint-gobain-emme.com

1 source
saint-gobain-emme.comSaint-Gobain expands footprint in KSA by acquiring Saudi Serpo COAug 15, 2021

Summarized from public sources; check the original articles before acting on it.

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