# Saint-Gobain completes ₹400 crore acquisition of Twiga Fiberglass

Saint-Gobain has completed the ₹400 crore acquisition of Twiga Fiberglass Ltd, a manufacturer of glass wool based in Uttar Pradesh, India. Twiga has two manufacturing facilities near Delhi and Mumbai.

- Type: Acquisition
- Announced: 2023-04-30
- Where: Uttar Pradesh, India (near Delhi and Mumbai), India
- Value: $49.0M (4.00B INR)
- Status: completed
- Products: glass wool
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Saint-Gobain](https://endata.com/companies/1801.md) (acquirer)
- [Twiga Fiberglass Ltd](https://endata.com/companies/70030.md) (target)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/companies/saint-gobain-completes-400-cr-acquisition-of-twiga-fiberglass/article66796095.ece), 2023-04-30: "Twiga’s promoters wished to sell off their stake and Saint-Gobain bought it."
- [newsonprojects.com](https://www.newsonprojects.com/news/saint-gobain-completes-400-cr-acquisition-of-twiga-fiberglass), 2023-05-02: "Saint-Gobain has completed the ₹400-crore acquisition of the Uttar Pradesh-based Twiga Fiberglass Ltd."

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