# Saint-Gobain to acquire Cemix Mexico for $820M

Compagnie de Saint-Gobain entered into a definitive agreement to acquire Cemix Mexico for approximately $820 million (cash consideration of $815 million). The transaction is expected to close in the first half of 2025.

- Type: Acquisition
- Announced: 2024-08-14
- Where: Mexico, Mexico
- Value: $820.0M
- Status: announced
- Products: construction materials
- Sectors: [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)
- [Cemix Mexico](https://endata.com/companies/79206.md) (target)
- [OVNIVER Group](https://endata.com/companies/79207.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/SAINT-GOBAIN-4697/news/Compagnie-de-Saint-Gobain-S-A-entered-into-a-definitive-agreement-to-acquire-Cemix-Mexico-S-A-De-47665682/), 2024-08-14: "Compagnie de Saint-Gobain S.A. entered into a definitive agreement to acquire Cemix Mexico, S.A. De C.V. for approximately $820 million."
- [quiminet.com](https://www.quiminet.com/noticias/saint-gobain-adquiere-ovniver-por-815-millones-de-dolares-y-fortalece-su-presencia-en-mexico-5107746.htm), 2024-09-04: "Saint-Gobain, líder francés de materiales de construcción, anunció la compra de la empresa mexicana Ovniver por 815 millones de dólares."
- [cbmma.com.cn](https://www.cbmma.com.cn/cma/detail.html?contentId=853&id=82), 2024-09-20: "圣戈班集团宣布已签署最终协议，将以8.15亿美元（约合7.4亿欧元）现金收购OVNIVER集团。"
- [usinenouvelle.com](https://www.usinenouvelle.com/article/avec-l-acquisition-de-fosroc-saint-gobain-etend-sa-chimie-de-la-construction-au-moyen-orient-et-en-asie.N2215183), 2024-09-28: "Le groupe français reprendra pour environ 960 millions d’euros Fosroc, un grand acteur des spécialités chimiques pour la construction en Inde, Moyen-Orient et Asie du Sud-Est."

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