Saint-Gobain Strengthens Construction Chemicals Portfolio with Acquisition of Menkol Industries in India

Saint-Gobain Strengthens Construction Chemicals Portfolio with Acquisition of Menkol Industries in India

(IN BRIEF) Saint-Gobain has announced its acquisition of Menkol Industries Private Limited, a prominent Indian manufacturer specializing in high-value waterproofing systems. This strategic move enhances Saint-Gobain’s position in the Construction Chemicals sector, focusing on specialty building materials within the dynamic Indian market. Menkol Industries specializes in high-performance waterproofing systems for building foundations, complementing Saint-Gobain’s existing Preprufe® patented waterproofing membranes obtained through its recent GCP acquisition. The acquisition aligns with Saint-Gobain’s strategic plan, “Grow & Impact,” which aims to reinforce the company’s leadership and drive growth by expanding its range of solutions for sustainable and lightweight construction. This acquisition marks a significant step toward building a leading technical waterproofing platform in India.

(PRESS RELEASE) COURBEVOIE, 8-Dec-2023 — /EuropaWire/ — Saint-Gobain announces that it has acquired Menkol Industries Private Limited, a leading Indian manufacturer in high-added value waterproofing systems.

This acquisition strengthens Saint-Gobain’s Construction Chemicals position in added-value specialty building materials in the very dynamic Indian market. Menkol Industries is specialized in high-performance waterproofing systems for building foundations that perfectly complement the existing Preprufe® patented waterproofing membranes from Saint-Gobain’s recent GCP acquisition. This acquisition is a decisive step in Saint-Gobain’s aim to build a leading technical waterproofing platform in India.

This acquisition is in line with Saint-Gobain’s strategic plan, “Grow & Impact” which aims to both strengthen the Group’s leadership and accelerate its growth by enriching its range of solutions for light and sustainable construction.

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’s commitment is guided by its purpose, “MAKING THE WORLD A BETTER HOME”.

€51.2 billion in sales in 2022
168,000 employees, locations in 75 countries
Committed to achieving Carbon Neutrality by 2050

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

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Investor Relation:
Vivien Dardel
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Floriana Michalowska
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Alix Sicaud
(+33) 1 88 54 38 70

James Weston
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Media Relation:
Patricia Marie
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Laure Bencheikh
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Flavio Bornancin Tomasella
(+33) 1 88 54 27 96

SOURCE: Saint-Gobain