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Saint-Gobain has acquired Mexico-based construction chemical supplier Ovniver Group for $815 million in cash. Ovniver has 16 manufacturing plants and around 1,000 employees, and is expected to generate annual revenue of $285 million.
“It is an excellent opportunity for Saint-Gobain to reinforce its presence in construction chemicals further and strengthen its presence in high-growth markets.”usglassmag.com
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