# Saint-Gobain to acquire UP Twiga Fiberglass in India

Compagnie de Saint-Gobain SA agreed to buy UP Twiga Fiberglass Ltd, a glass wool insulation company with two manufacturing facilities near Delhi and Mumbai. The deal is expected to close by end of Q1 2023.

- Type: Acquisition
- Announced: 2023-02-22
- Where: near Delhi and Mumbai, India
- Status: announced
- Products: glass wool insulation
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Compagnie de Saint-Gobain](https://endata.com/companies/34430.md) (acquirer)
- [UP Twiga Fiberglass Ltd](https://endata.com/companies/68700.md) (target)

## Sources

- [morningstar.co.uk](https://www.morningstar.co.uk/uk/news/AN_1677072047855901300/saint-gobain-to-acquire-indian-glass-wool-firm-up-twiga-fiberglass-.aspx), 2023-02-22: "UP Twiga consolidates Saint-Gobain's positioning in interior and facade solutions in India."

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