Add-on Acquisition • Manufacturing

Saint-Gobain Acquires Adfil

On September 26, 2023, Saint-Gobain acquired manufacturer Adfil

Acquisition Context
  • This is Saint-Gobain’s 7th transaction in the Manufacturing sector.
  • This is Saint-Gobain’s 2nd transaction in Belgium.

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M&A Deal Summary

Date September 26, 2023
Target Adfil
Sector Manufacturing
Buyer(s) Saint-Gobain
Deal Type Add-on Acquisition

Target Company

Adfil

Zele, Belgium
Adfil specializes in fibers for concrete reinforcement that contribute to the reduction of reinforced concrete’s CO2 footprint, the improvement of lead times and productivity for construction projects, and an increased lifespan for concrete. Adfil is based in Zele, Belgium.
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Buyer Overview 1

Buyer

Saint-Gobain

Courbevoie, France

Category Company
Founded 1665
Sector Building Materials
Employees161,482
Revenue 46.6B EUR (2024)
DESCRIPTION

Saint-Gobain is a manufacturer, designer, and distributor of functional materials for the construction, industrial and consumer markets. Saint-Gobain provides comfort, performance and safety while addressing the challenges of sustainable construction, resource efficiency and climate change. Saint-Gobain was founded in 1665 and is based in Courbevoie, France.


Deal Context for Buyer #
Overall 45 of 51
Sector: Manufacturing 7 of 8
Type: Add-on Acquisition 41 of 47
Country: Belgium 2 of 2
Year: 2023 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-12 Building Products of Canada

LaSalle, Quebec, Canada

Building Products of Canada is a manufacturer of residential roofing shingles and wood fiber insulation panels. Building Products of Canada was founded in 1905 and is based in LaSalle, Quebec.

Buy €925M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-18 Technical Finishes

Durban, South Africa

Technical Finishes is focused on providing a comprehensive range of technology advanced specialist epoxy and polyurethane flooring products to service and satisfy the requirements of specialist industrial and commercial flooring. Technical Finishes is based in Durban, South Africa.

Buy -