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French construction materials manufacturer Saint-Gobain finalized a $1.025 billion cash deal to purchase Dubai-based construction chemicals company Fosroc. The acquisition adds 20 chemical manufacturing plants across the Middle East, India and Asia-Pacific, and approximately 3,000 employees.
“The acquisition of Fosroc is perfectly aligned with our 'Grow and Impact' strategic plan: it is a unique opportunity for Saint-Gobain to further reinforce its worldwide presence in construction chemicals.”enr.com
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