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Saint-Gobain Construction Chemicals completes acquisition of WinChem Middle East Chemical Industries LLC to strengthen presence in UAE

Jul 15, 2024•about 1 year ago

Acquiring Company

Saint-Gobain Group

Acquired Company

WinChem Middle East Chemical Industries

CourbevoieDubaiBuilding MaterialConstructionManufacturingBuilding MaterialConstructionManufacturing

Description

Saint-Gobain Construction Chemicals, through its Chryso subsidiary, has successfully acquired WinChem Middle East Chemical Industries LLC, a manufacturer and supplier of concrete admixtures in the UAE. This acquisition allows Saint-Gobain to enhance its range of solutions for light and sustainable construction, integrating WinChem's products to complement those of the Chryso and Weber brands, and accelerate the development of Chryso technologies in the local market.

Company Information

Company

Saint-Gobain Group

Location

12 Place de L'Iris

Courbevoie, Ile De France, France

About

Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Its integrated solutions cater to public and private building renovations, light construction, and more. Saint-Gobain operates numerous manufacturing locations across various countries. The company emphasizes sustainability and innovation in its offerings.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed