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

Fortera Ecocem Saint-Gobain Construction Chemicals partnership
Partnership
14/03/24

Saint-Gobain accelerates in construction chemicals and supports the development of breakthrough decarbonization technologies

Saint-Gobain Construction Chemicals is expanding its efforts to deploy new additives for low-carbon cement and concrete. These low-carbon technologies open up tremendous opportunities for co-development with new partners in fast-growing markets and to accelerate Saint-Gobain’s profitable growth in construction chemicals.   Two partnerships illustrate this move: Saint-Gobain has participated in the fund raising of Fortera,…
Saint-Gobain accelerates in construction chemicals and supports the development of breakthrough decarbonization technologies
Menkol acquisition
Acquisition
07/12/23

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®…
Saint-Gobain further strengthens its position in Construction Chemicals in India
NICOLAS THEODON APPOINTED MANAGING DIRECTOR FRANCE OF SAINT-GOBAIN CONSTRUCTION CHEMICALS
Appointment
04/12/23

Nicolas Théodon appointed Managing Director France of Saint-Gobain Construction Chemicals

As of this week, Nicolas Théodon has been appointed Managing Director France of Saint-Gobain Construction Chemicals, which brings together the activities of CHRYSO and GCP Applied Technologies in France, spread over five industrial sites. Nicolas Théodon will be responsible for managing the French subsidiary in a radically changing construction market, and will draw on his…
Nicolas Théodon appointed Managing Director France of Saint-Gobain Construction Chemicals
Partnership
21/11/23

VERIFI® delivers Cutting-Edge Technology to HS2 Concrete Operations

VERIFI® in-transit concrete technology takes a significant step forward in the construction industry through its integration into the High-Speed Two (HS2) project. In collaboration with Balfour Beatty VINCI (BBV), Tarmac, and Aggregate Industries, VERIFI brings real-time monitoring, measurement, and management to the forefront of HS2’s concrete operations.

VERIFI® delivers Cutting-Edge Technology to HS2 Concrete Operations