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New Deal


Announced

Saint-Gobain to acquire Izomaks Industries.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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waterproofing products

Building Roofing/Wallboard and Plumbing

Acquisition

Cross Border

Pending

Friendly

Single Bidder

Saudi Arabia

building envelope systems

Majority

Private

Synopsis

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Saint-Gobain, a provider of construction, high-performance, and other materials, agreed to acquire Izomaks Industries, a manufacturer of waterproofing products. Financial terms were not disclosed. "This acquisition perfectly complements our existing building envelop offering in Saudi Arabia where Saint-Gobain has been present since 2007, currently operating 3 manufacturing plants in insulation and mortars (tile fixing, façade renders, flooring and technical mortars) and employing around 320 people," Saint-Gobain.

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