RNS Number : 7297N

Compagnie de Saint-Gobain

26 September 2023


SAINT-GOBAIN expands ITS portfolio in construction chemicals with the acquisition of ADFIL,

top player in fibers for concrete reinforcement

Saint-Gobain announces today that it has entered into a definitive agreement to acquire Adfil NV, a top international player specialized in fibers for concrete reinforcement.

Operating globally in the construction industry thanks to a commercial presence in over 60 countries, Adfil employs around 70 people, operates two plants in Belgium and generated revenues of close to EUR40 million in 2022. In addition to Chryso and GCP's admixtures, Adfil's performance fibers contribute to the reduction of reinforced-concrete's CO(2) footprint, the improvement of lead times and productivity for construction projects, and an increased lifespan for concrete.

Adfil will be consolidated within the Construction Chemicals segment in High Performance Solutions.

Thanks to this acquisition, Saint-Gobain will be able to offer its clients an enlarged range of solutions including concrete admixtures and fibers accelerating the development of sustainable and high-performance concrete.

Closing of the transaction is subject to antitrust approvals and satisfaction of other customary closing conditions; it is expected by year-end 2023.

The acquisition of Adfil is in line with Saint-Gobain's "Grow & Impact" strategy aiming to both strengthen the Group's leadership and accelerate its growth by enriching its range of solutions for light and sustainable construction.


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 for the renovation of public and private buildings, light construction and the decarbonization

of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group's commitment is guided by its purpose,


EUR51.2 billion in sales in 2022

168,000 employees, locations in 75 countries

Committed to achieving Carbon Neutrality by 2050

For more information about the Group, visit www.saint-gobain.com and follow us on X @saintgobain

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.



(END) Dow Jones Newswires

September 26, 2023 11:51 ET (15:51 GMT)

Compagnie De Saint-gobain (LSE:COD)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Compagnie De Saint-gobain Charts.
Compagnie De Saint-gobain (LSE:COD)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Compagnie De Saint-gobain Charts.