# Saint-Gobain acquires Matchem in Brazil and IDP Chemicals in Egypt

Saint-Gobain, through its Chryso business, completed the acquisition of Matchem in Brazil and entered exclusive negotiations to acquire IDP Chemicals in Egypt. Matchem has two plants in Brazil and revenues of €20 million in 2022; IDP Chemicals has one plant in Egypt.

- Type: Acquisition
- Announced: 2023-01-04
- Where: Brazil, Brazil
- Status: completed
- Products: construction chemicals, concrete admixtures
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Saint-Gobain](https://endata.com/companies/1801.md) (acquirer)
- [CHRYSO](https://endata.com/companies/23051.md) (acquirer)
- [Matchem](https://endata.com/companies/67686.md) (target)
- [IDP Chemicals](https://endata.com/companies/67687.md) (target)

## Sources

- [chryso.com](https://www.chryso.com/news/saint-gobain-strengthens-its-presence-in-construction-chemicals/), 2023-01-04: "Saint-Gobain, through its Chryso business, has completed the acquisition of Matchem in Brazil and entered into exclusive negotiations to acquire IDP Chemicals in Egypt."
- [globalgypsum.com](https://www.globalgypsum.com/news/2060-saint-gobain-acquiring-construction-chemicals-companies-in-brazil-and-egypt), 2023-01-13: "France-based Saint-Gobain has acquired Matchem in Brazil and started exclusive negotiations to acquire IDP Chemicals in Egypt via its Chryso subsidiary."

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