TIDMCOD

RNS Number : 0136W

Compagnie de Saint-Gobain

07 December 2023

SAINT-GOBAIN FURTHER STRENGTHENS its position in CONSTRUCTION CHEMICALS IN INDIA

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(R) 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".

EUR51.2 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

 
 Analyst/investor relations                   Press relations 
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December 07, 2023 02:09 ET (07:09 GMT)

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