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News Saint-Gobain may acquire CSR for US$5.44bn

Saint-Gobain may acquire CSR for US$5.44bn

Written by Global Cement staff 23 February 2024
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Australia: France-based Saint-Gobain has submitted a non-binding indicative offer of US$5.44bn for building materials producer and land banking entity CSR. CSR’s businesses include insulation producer Bradford, fibre cement systems producer Cemintel, wallboard producer Gyprock, autoclaved aerated concrete (AAC) block producer Hebel and roofing producer Monier. Together, CSR’s building materials units accounted for 72% of its sales in 2023.

Last modified on 28 February 2024
Published in Global Cement News
Tagged under
  • SaintGobain
  • Australia
  • CSR
  • Cemintel
  • Acquisition
  • Bid
  • meeting
  • GCW648
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