Saint-Gobain acquires Rockwool India from Alghanim group

Saint-Gobain entered into a definitive agreement to acquire 100% of Rockwool India Pvt Ltd from Alghanim group. Rockwool India is a stone wool insulation manufacturer with two plants in Hyderabad and Silvassa, total capacity around 50,000 tons. The acquisition is expected to close in Q1 2022.

“Saint-Gobain has entered into a definitive agreement with Alghanim group for the acquisition of its 100% subsidiary, Rockwool India Pvt Ltd., a major manufacturer of stone wool in India with a wide range of insulation products for thermal, acoustic and fire safety applications.”investegate.co.uk

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• investegate.co.ukInvestegate | Company AnnouncementInvestegateDec 21, 2021

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