# Saint-Gobain to acquire OVNIVER Group for $815M

Saint-Gobain signed a definitive agreement to acquire OVNIVER Group, a construction chemicals player in Mexico and Central America, for $815 million (€740 million) in cash. The acquisition is expected to close in the first half of 2025.

- Type: Acquisition
- Announced: 2024-08-15
- Where: Mexico and Central America, Mexico
- Value: $815.0M
- Status: announced
- Products: construction chemicals, façade coatings, tile adhesives, waterproofing, surface preparation mortars
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Saint-Gobain](https://endata.com/companies/1801.md) (acquirer)
- [Compagnie de Saint-Gobain](https://endata.com/companies/34430.md) (acquirer)
- [OVNIVER Group](https://endata.com/companies/79207.md) (target)

## Sources

- [lse.co.uk](https://www.lse.co.uk/rns/acquisition-qflbh9l59f4sbf4.html), 2024-08-15: "Saint-Gobain today announces that it has entered into a definitive agreement to acquire OVNIVER Group, a leading privately-owned construction chemicals player in Mexico and Central America, for $815 million."
- [specialchem.com](https://www.specialchem.com/adhesives/news/saint-gobain-acquire-ovniver-group-000234871), 2024-08-23: "Saint-Gobain has entered into a definitive agreement to acquire OVNIVER Group, a construction chemicals player in Mexico and Central America, for $815 million."
- [adhesivesmag.com](https://www.adhesivesmag.com/articles/101220-saint-gobain-to-acquire-ovniver-group), 2024-08-23: "Saint-Gobain has entered into a definitive agreement to acquire OVNIVER Group, a leading privately-owned construction chemicals player in Mexico and Central America, for $815 million (approximately €740 million) in cash."

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