Saint-Gobain agrees to acquire Fosroc for $487M

Saint-Gobain has entered into a definitive agreement to acquire Fosroc, a global construction chemicals player with strong presence in India, Middle East and Asia-Pacific. The purchase price is approximately 11.3x Fosroc's 2024E EBITDA of $91 million. Closing expected in first-half 2025.

“This move is a new strategic step in establishing Saint-Gobain’s worldwide presence in construction chemicals.”fosroc.com

• 1 source
• fosroc.comSaint-Gobain announces that it has entered into a definitive agreement to acquire FOSROC | FosrocJun 28, 2024

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