# 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.

- Type: Acquisition
- Announced: 2024-06-28
- Value: $487.0M
- Status: announced
- Products: construction chemicals, admixtures, adhesives, sealants, waterproofing solutions, concrete repair solutions, flooring
- 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)
- [FOSROC](https://endata.com/companies/78284.md) (target)

## Sources

- [fosroc.com](https://www.fosroc.com/news/saint-gobain-announces-that-it-has-entered-into-a-definitive-agreement-to-acquire-fosroc), 2024-06-28: "This move is a new strategic step in establishing Saint-Gobain’s worldwide presence in 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.