# 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.

- Type: Acquisition
- Announced: 2021-12-21
- Where: Hyderabad, Silvassa, India
- Status: announced
- Capacity: 50,000 tons
- Products: stone wool insulation
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Saint-Gobain](https://endata.com/companies/1801.md) (acquirer)
- [Rockwool India Pvt Ltd](https://endata.com/companies/59844.md) (target)
- [Alghanim group](https://endata.com/companies/59845.md) (partner)

## Sources

- [investegate.co.uk](https://www.investegate.co.uk/announcement/rns/compagnie-de-st-gobain-sa--cod/acquisition/6912978), 2021-12-21: "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."

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