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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.
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.
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.