# Saint-Gobain to close acquisition of GCP Applied Technologies

Saint-Gobain announced it will close the acquisition of GCP Applied Technologies on September 27, 2022, after receiving UK CMA approval. The enterprise value is $2.3 billion.

- Type: Acquisition
- Announced: 2022-09-22
- Where: Alpharetta, Georgia, United States
- Value: $2.30B
- Status: completed
- Products: construction chemicals, concrete admixtures, cement additives
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [GCP Applied Technologies](https://endata.com/companies/882.md) (target)
- [Saint-Gobain](https://endata.com/companies/1801.md) (acquirer)

## Sources

- [investir.lesechos.fr](https://investir.lesechos.fr/2022/09/saint-gobain-bouclera-le-rachat-de-gcp-fin-septembre-apres-le-feu-vert-de-la-cma-1860984), 2022-09-22: "Saint-Gobain a annoncé jeudi qu'il bouclerait le 27 septembre prochain l'acquisition du groupe américain de chimie de construction GCP Applied Technologies après l'obtention du dernier feu vert réglementaire."
- [chrysoinc.com](https://www.chrysoinc.com/blog/gcps-acquisition-by-saint-gobain-closes/), 2022-09-22: "GCP Applied Technologies, a leading global provider of construction products, announced today that the agreement to be acquired by Saint-Gobain has closed."
- [gcpat.vn](https://gcpat.vn/en-gb/about/news/blog/gcp-applied-technologies-acquisition-saint-gobain-closes), 2022-09-27: "GCP Applied Technologies, a leading global provider of construction products, announced today that the agreement to be acquired by Saint-Gobain has closed."
- [gcpat.uk](https://gcpat.uk/en-gb/about/news/blog/gcp-applied-technologies-acquisition-saint-gobain-closes), 2022-09-27: "Saint-Gobain has acquired all of the outstanding shares of GCP Applied Technologies for $32.00 per share, in cash, in a transaction valued at approximately $2.3 billion."
- [lbmjournal.com](https://www.lbmjournal.com/industry-news/news/15783348/saint-gobain-closes-acquisition-of-gcp-applied-technologies), 2022-09-28: "Saint-Gobain has acquired all of the outstanding shares of GCP Applied Technologies for $32.00 per share, in cash, in a transaction valued at approximately $2.3 billion."
- [metalconstructionnews.com](https://www.metalconstructionnews.com/news/daily-news/saint-gobain-closes-acquisition-of-gcp-applied-technologies/), 2022-10-03: "This acquisition is a major milestone in establishing Saint-Gobain’s leading position worldwide in construction chemicals and furthers the Group’s strategy as worldwide leader in light and sustainable construction."
- [roofingcontractor.com](https://www.roofingcontractor.com/articles/97493-saint-gobain-completes-acquisition-of-gcp-applied-technologies), 2022-10-04: "This acquisition is a major milestone in establishing Saint-Gobain's worldwide position as a leader in construction chemicals."

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