Saint-Gobain Expands Global Reach with OVNIVER Acquisition

Compagnie de Saint Gobain ( (FR:SGO) ) has issued an update.

Saint-Gobain has completed the acquisition of the OVNIVER Group, a major construction chemicals company in Mexico and Central America, known for its Cemix brand. This acquisition enhances Saint-Gobain’s strategic expansion into the high-growth construction chemicals sector, aligning with its goal of establishing a robust global presence and boosting sales to €6.5 billion across 76 countries.

More about Compagnie de Saint Gobain

Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures, and distributes materials and services for the construction and industrial markets. The company provides integrated solutions for building renovation, light construction, and decarbonization, driven by continuous innovation and a commitment to sustainability.

YTD Price Performance: -0.84%

Average Trading Volume: 295,454

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €41.6B

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