# Saint-Gobain acquires Ovniver Group for $815M

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.

- Type: Acquisition
- Announced: 2024-10-01
- Where: Mexico
- Value: $815.0M
- Jobs: 1,000
- Status: announced
- Products: construction chemicals, façade coatings, tile adhesives, waterproofing, mortars
- 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)
- [OVNIVER Group](https://endata.com/companies/79207.md) (target)

## Sources

- [usglassmag.com](https://www.usglassmag.com/mergers-acquisitions-october-2024/), 2024-10-01: "It is an excellent opportunity for Saint-Gobain to reinforce its presence in construction chemicals further and strengthen its presence in high-growth markets."

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