Saint-Gobain: acquires OVNIVER Group
(CercleFinance.com) - Yesterday Saint-Gobain announced that it has completed the previously announced acquisition of OVNIVER Group (Cemix brand), a leading player in construction chemicals in Mexico and Central America.
Following the acquisitions of Chryso, GCP and FOSROC (in progress), this transaction is a further strategic step in the establishment of Saint-Gobain's global presence in construction chemicals. It will bring post-acquisition total sales in this sector to E6.5bn in 76 countries (pro-forma).
OVNIVER Group generated estimated sales of $285m in 2024, with growth averaging around 20% p.a. over the last 5 years.
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