Saint-Gobain to acquire Chryso Group from Cinven for $1.2bn.

Saint-Gobain, a French multinational corporation, agreed to acquire Chryso Group, a provider of specialty chemicals for the construction industry, from Cinven, a private equity firm, for $1.2bn. “We are very enthusiastic to join Saint-Gobain and to build the next chapter of Chryso’s growth story together. This represents a great recognition for all the accomplishments of Chryso’s team over the past years. Saint-Gobain is the ideal strategic partner with a worldwide presence in the construction chemicals market and a large portfolio of solutions, with R&D and innovation capabilities and operational excellence that will allow Chryso to accelerate its development and ensure its continued success," Thierry Bernard, Chryso CEO.