# Saint-Gobain acquires UP Twiga

Saint-Gobain entered into a definitive agreement to acquire glass wool insulation manufacturer UP Twiga, which operates two manufacturing facilities near Delhi and Mumbai, India. The transaction is subject to regulatory approval and expected to close by the end of Q1 2023.

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

## Companies

- [Saint-Gobain](https://endata.com/companies/1801.md) (acquirer)
- [UP Twiga](https://endata.com/companies/68721.md) (target)

## Sources

- [vccircle.com](https://www.vccircle.com/glassmaker-saint-gobain-acquires-up-twiga), 2023-02-22: "This transaction is subject to regulatory approval and completion of certain conditions."

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