# Saint-Gobain acquires majority stake in Imptek-Chova del Ecuador

Saint-Gobain acquired a majority of shares in Imptek-Chova del Ecuador, a waterproofing leader, gaining a plant in Quito and starting industrial operations in Ecuador.

- Type: Acquisition
- Announced: 2024-03-05
- Where: Quito - El Inga, Ecuador
- Status: completed
- Products: waterproofing solutions, lightweight construction materials
- Sectors: [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

- [imptekcorp.com](https://www.imptekcorp.com/en/saint-gobain-e-imptek-chova-del-ecuador-confirman-alianza-para-desarrollar-la-construccion-ligera-en-la-region/), 2024-03-05: "Through the acquisition of Imptek-Chova del Ecuador, the Saint-Gobain Group will start industrial operations in the country."
- [imptekcorp.com](https://www.imptekcorp.com/saint-gobain-e-imptek-chova-del-ecuador-confirman-alianza-para-desarrollar-la-construccion-ligera-en-la-region/), 2024-03-05: "A través de la adquisición de Imptek-Chova del Ecuador, el Grupo Saint-Gobain iniciará operaciones industriales en el país."

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