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News Saint-Gobain acquires Chryso

Saint-Gobain acquires Chryso

Written by Global Cement Staff 04 October 2021
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France: France-based Saint-Gobain has acquired Chryso from financier Cinven for Euro1.02bn. The Le Moniteur newspaper has reported that the group will operationally integrate Chryso into its high performance solutions division. It said that it intends to develop Chryso in markets already served by Saint-Gobain, and to accelerate cross-selling between Weber and Chryso.

CEO Benoit Bazin said "Chryso strengthens us significantly in the growing construction chemicals market, in which we have made 10 acquisitions and opened 16 plants in 18 countries over the past three years to now exceed more than Euro3bn in turnover in 66 countries.”

Last modified on 06 October 2021
Published in Global Cement News
Tagged under
  • France
  • Chryso
  • SaintGobain
  • Acquisition
  • Deal
  • value
  • market
  • Integration
  • construction chemicals
  • Weber
  • Turnover
  • GCW526
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