Acquisition

SAINT-GOBAIN COMPLETES ITS ACQUISITION OF CHRYSO

29 September 21

In line with its May 20, 2021 announcement, Saint-Gobain has today completed its acquisition of Chryso, a leading global player on the construction chemicals market.

Chryso provides comprehensive additives solutions for sustainable construction, helping to significantly reduce concrete’s carbon footprint. The company employs about 1,300 employees and generates approximately €400 million in annual sales.

Chryso joins the businesses serving the sustainable construction market within the High Performance Solutions segment.

Benoit Bazin, Chief Executive Officer of Saint-Gobain, commented:

The acquisition of Chryso is fully in line with our strategic vision of Saint-Gobain as a world leader in sustainable construction focused on solutions offering sustainability and performance. Chryso significantly strengthens our presence on the growing construction chemicals market, where we have completed 11 acquisitions and opened 18 plants in 24 countries over the past three years, with sales today exceeding €3.0 billion in 66 countries”.

Thierry Bernard, Chairman and Chief Executive Officer of Chryso, commented:

We are delighted to be joining the Saint-Gobain Group today. The first exchanges between our teams in preparation for the integration were very enthusiastic and confirm the strong growth outlook for Chryso – particularly in regions where we are not yet present – as well as our development strategy driven by innovation and high performance solutions and the cultural proximity of our teams”.


PRESS RELATIONS : Daphnée DECAUDIN
Mob : +33 (0)6 19 07 64 74 | Email : [email protected]

Other news

Local
01/03/23

CHRYSO GULF expands its concrete admixture business in Qatar

Chryso, a leading global player on the construction chemicals market announces that effective 1 March 2023, the admixture business of Sodamco Qatar WLL (CR Number 25298) is officially transferred to the management of CHRYSO Gulf LLC (CR Number 32301). CHRYSO Gulf, with its strong growth outlook and focus on customer centricity, empowerment, and innovation, is…
CHRYSO GULF expands its concrete admixture business in Qatar
Acquisition
04/01/23

Saint-Gobain strengthens its presence in Construction Chemicals

Saint-Gobain strengthens its presence in Construction Chemicals, with the acquisitions of MATCHEM in Brazil and IDP Chemicals in Egypt   Saint-Gobain, through its Chryso business, has completed the acquisition of Matchem in Brazil and entered into exclusive negotiations to acquire IDP Chemicals in Egypt.   The acquisitions of Matchem and IDP Chemicals will allow Saint-Gobain…
Saint-Gobain strengthens its presence in Construction Chemicals
best wishes 2023
29/12/22

Best wishes for 2023

These past 2 years were full of challenges with Chryso integrating Saint-Gobain in 2021 and the acquisition of GCP Applied Technologies this year. We are pleased to conclude 2022 with Chryso and GCP becoming one to meet your challenges, in over 45 countries. Together, we aim to become world leader in construction chemicals and support…
Best wishes for 2023
cement plant
Innovation
10/11/22

Master chromium and your team protection with CHRYSO®Reductis 6Ø

CHRYSO enlarges its product range reducing the Chromium VI in cement CHRYSO participated in the virtual 2022 WCT conference on “Innovation in cement production”. The company’s virtual presentation “Innovative Chromium VI reducer solution” was largely webcasted.   The speaker, Mrs. Estelle RAYNAUD, Cement BU Technical Director at CHRYSO, held a presentation on Innovative Chromium VI…
Master chromium and your team protection with CHRYSO®Reductis 6Ø