Saint-Gobain Completes Acquisition of FOSROC to Strengthen Global Leadership in Construction Chemicals

Saint-Gobain Completes Acquisition of FOSROC to Strengthen Global Leadership in Construction Chemicals

(IN BRIEF) Saint-Gobain has completed its acquisition of FOSROC, a major player in the construction chemicals industry, further expanding its global reach. The acquisition strengthens Saint-Gobain’s position in high-growth markets like India and the Middle East and aligns with its strategy to lead in light and sustainable construction. FOSROC is expected to generate $487 million in revenue in 2024 and has experienced significant growth over the past few years. The company, with 20 manufacturing plants and around 3,000 employees, provides a wide range of construction solutions, including concrete additives, adhesives, waterproofing, and flooring. FOSROC will now be part of Saint-Gobain’s High Performance Solutions segment.

(PRESS RELEASE) COURBEVOIE, 11-Feb-2025 — /EuropaWire/ — Saint-Gobain has successfully completed its acquisition of FOSROC, a prominent global player in the construction chemicals sector, as previously announced on June 27, 2024. FOSROC, known for its strong presence in India, the Middle East, and the Asia-Pacific region, bolsters Saint-Gobain’s strategic expansion in construction chemicals, following similar acquisitions of Chryso, GCP, and OVNIVER (Cemix brand). With this acquisition, Saint-Gobain’s total sales in the construction chemicals segment will reach €6.5 billion across 76 countries, on a pro forma basis.

FOSROC, which is projected to generate revenues of $487 million in 2024, has experienced an average growth rate of approximately 11% annually since 2021. The company operates 20 manufacturing plants and employs around 3,000 people, providing a wide array of technical solutions for the construction industry, including concrete and cement additives, adhesives, sealants, waterproofing, concrete repair solutions, and flooring.

This acquisition strengthens Saint-Gobain’s position in high-growth emerging markets, particularly in India and the Middle East, and is in line with the Group’s broader strategy to lead the global market in light and sustainable construction solutions. FOSROC will now be integrated into Saint-Gobain’s High Performance Solutions segment.

About Saint-Gobain

Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group, celebrating its 360th anniversary in 2025, remains more committed than ever to its purpose “MAKING THE WORLD A BETTER HOME”.

€47.9 billion in sales in 2023
160,000 employees, locations in 79 countries
Committed to achieving net zero carbon emissions by 2050

For more information about Saint-Gobain, visit www.saint-gobain.com and follow us on X @saintgobain

Media Contacts:

Patricia Marie (+33) 1 88 54 26 83
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Saint-Gobain Analyst / Investor Contacts:

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SOURCE: Saint-Gobain