Saint-Gobain completed three strategic acquisitions in 2024: CSR in Australia, Bailey in Canada, and FOSROC in construction chemicals (mainly India and Middle East), adding around €2 billion to full-year sales and €450 million in EBITDA.
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.
Saint-Gobain has entered into a definitive agreement to acquire Fosroc, a global construction chemicals player with strong presence in India, Middle East and Asia-Pacific. The purchase price is approximately 11.3x Fosroc's 2024E EBITDA of $91 million. Closing expected in first-half 2025.
Saint-Gobain has entered into an agreement to acquire Dubai-based construction chemicals company FOSROC for approximately €960 million ($1.03 billion). The transaction is expected to close by the first half of 2025.