# 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.

- Type: Acquisition
- Announced: 2021-08-12
- Where: Saudi Arabia (Central Region), Saudi Arabia
- Status: completed
- Products: mortars, admixtures, acrylic façade solutions, tile fixing, epoxy based products
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Saint-Gobain](https://endata.com/companies/1801.md) (acquirer)
- [Rolaco for Trading and Contracting](https://endata.com/companies/57112.md) (partner)
- [Saudi Serpo Co.](https://endata.com/companies/57113.md) (target)

## Sources

- [saint-gobain-emme.com](https://www.saint-gobain-emme.com/2021/08/15/saint-gobain-expands-footprint-in-ksa-by-acquiring-saudi-serpo-co), 2021-08-15: "On August 12, 2021, the newly renovated premises were inaugurated by Mohieddin EL HASHASH Saint-Gobain KSA CEO and Ibrahim MADI Rolaco group CFO."

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