# Saint-Gobain to acquire majority stake in IMPTEK Chova del Ecuador

Saint-Gobain has agreed to acquire a majority stake in IMPTEK Chova del Ecuador, a construction chemicals company in Ecuador. The transaction is subject to regulatory approval and expected to close in H1 2024.

- Type: Acquisition
- Announced: 2023-12-15
- Where: Quito region, Ecuador, Ecuador
- Jobs: 120
- Status: announced
- Products: sealing solutions for construction
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Saint-Gobain](https://endata.com/companies/1801.md) (acquirer)
- [IMPTEK Chova del Ecuador](https://endata.com/companies/74450.md) (target)

## Sources

- [bourse.lavenir.net](https://bourse.lavenir.net/communiques/SGO-FR/saint-gobain-renforce-sa-presence-dans-la-chimie-de-la-construction-en-amerique-latine-KRM1auzVcLR), 2023-12-15: "Saint-Gobain annonce avoir conclu un accord en vue de l'acquisition d'une part majoritaire de IMPTEK Chova del Ecuador."
- [investegate.co.uk](https://www.investegate.co.uk/announcement/rns/compagnie-de-st-gobain-sa--cod/acquisition/7944025), 2023-12-15: "Saint-Gobain announces that it has entered into an agreement to acquire a majority stake in IMPTEK Chova del Ecuador, a leading player in the construction chemicals market in Ecuador."
- [worldcement.com](https://www.worldcement.com/the-americas/21122023/saint-gobain-strengthens-its-presence-in-construction-chemicals-in-latin-america/), 2023-12-21: "Saint-Gobain has entered into an agreement to acquire a majority stake in IMPTEK Chova del Ecuador, a leading player in the construction chemicals market in Ecuador providing differentiated and innovative waterproofing solutions."
- [globalcement.com](https://www.globalcement.com/news/item/16754-saint-gobain-to-buy-imptek-chova-del-ecuador), 2024-01-01: "Saint-Gobain has entered into an agreement to acquire a majority stake in IMPTEK Chova del Ecuador, a producer of waterproofing 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.