Saint-Gobain Strengthens Global Presence with Fosroc Acquisition
French building materials giant Saint-Gobain has solidified its position in the international construction chemicals market by acquiring Dubai-based Fosroc for a cool $1. 03 billion. The all-cash deal, announced on June 27, 2024, is expected to close in the first half of 2025, following regulatory approvals. This acquisition marks a significant stride for Saint-Gobain’s ambitious growth strategy, particularly in high-growth regions. Benoit Bazin, Chairman and CEO of […]