SAINT-GOBAIN ENTERS THE CONSTRUCTION CHEMICALS MARKET IN MEXICO
Saint-Gobain has entered into an agreement to acquire IMPAC, a leader in
construction chemicals solutions in Mexico. IMPAC recorded sales of close to
EUR50 million in 2020. It operates one plant in Monterrey and employs about 630
This acquisition is fully in line with the "Grow & Impact" plan unveiled on
October 6 during Saint-Gobain's Capital Markets Day, and aims to both
strengthen the Group's leadership in Latin America and accelerate its growth in
the region by enriching its range of solutions for light and sustainable
In Mexico, Saint-Gobain employs 7,500 people and has 11 manufacturing sites.
The Group is a leader on the construction glass market and recently entered the
plasterboard market in the country. With the acquisition of IMPAC, a leader in
construction chemicals, Saint-Gobain will substantially strengthen its position
on the Mexican market by being the first actor to offer a comprehensive range
of solutions for light and sustainable construction in the country.
The completion of the transaction is subject to approval by the Mexican
competition authority and is expected in the coming months.
Saint-Gobain designs, manufactures and distributes materials and solutions for
the construction, mobility, healthcare and other industrial application
markets. Developed through a continuous innovation process, they can be found
everywhere in our living places and daily life, providing wellbeing,
performance and safety, while addressing the challenges of sustainable
construction, resource efficiency and the fight against climate change. This
strategy of responsible growth is guided by the Saint-Gobain purpose, "MAKING
THE WORLD A BETTER HOME", which responds to the shared ambition of all the
women and men in the Group to act every day to make the world a more beautiful
and sustainable place to live in.
EUR38.1 billion in sales in 2020
More than 167,000 employees, located in 70 countries
Committed to achieving Carbon Neutrality by 2050
For more information about Saint-Gobain
visit www.saint-gobain.com and follow us on Twitter @saintgobain