M&A Deal Summary

Saint-Gobain Acquires Chryso

On May 20, 2021, Saint-Gobain acquired chemicals company Chryso from Cinven

Acquisition Highlights
  • This is Saint-Gobain’s 3rd transaction in the Chemicals sector.
  • This is Saint-Gobain’s 5th transaction in France.

M&A Deal Summary
Date 2021-05-20
Target Chryso
Sector Chemicals
Buyer(s) Saint-Gobain
Sellers(s) Cinven
Deal Type Add-on Acquisition

Target

Chryso

Issy-les-Moulineaux, France
Chryso is an international producer of additives and admixtures which improve the performance of concrete and cement, and construction systems for the repair and maintenance of buildings. Additives and admixtures are used in concrete and cement in order to improve properties such as ease of handling, setting/dying time, fluidity, and resistance to mechanical damage. Formulations are manufactured for use in concrete repair, flooring, adhesives, and waterproofing. Chryso is based in Issy-les-Moulineaux, France.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Saint-Gobain

Courbevoie, France
Category Company
Founded 1665
Sector Building Materials
Employees159,145
Revenue 48.0B EUR (2023)
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 STATS #
Overall 37 of 50
Sector (Chemicals) 3 of 6
Type (Add-on Acquisition) 34 of 46
Country (France) 5 of 6
Year (2021) 3 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-11 Panofrance

Saint-Gelais, France

Panofrance is a specialist distributor of timber and panels for the construction and furnishing industries. Panofrance portfolio includes Fitters (panels) Wood processors & carpenters (wood) Carpenters (joinery) Drywallers & insulation companies (insulation) and Parquet installers. Panofrance is based in Saint-Gelais, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-31 Glassolutions Objekt-Center

Berlin, Germany

Glassolutions Objekt-Center is a manufacturer of glass and glass products from its two sites based in Döring Berlin and Radeburg.

Sell -

Seller(S) 1

SELLER

Cinven

London, United Kingdom

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1977
PE ASSETS 39.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Cinven is a private equity firm focused on buyout investments in growing, profitable businesses located throughout Europe and North America. Sectors of interest include business and financial services, healthcare, industrial, retail, leisure, consumer, technology, media, and telecommunications. Cinven looks to invest a minimum of €200 million in companies with minimum enterprise values of €400 million. Cinven does not invest in start-ups or development phase companies. Cinven was established in 1977 and is headquartered in London.

DEAL STATS #
Overall 120 of 126
Sector (Chemicals) 5 of 5
Type (Add-on Acquisition) 28 of 30
Country (France) 11 of 11
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-30 SYNLAB

Munich, Germany

SYNLAB provides human and veterinary laboratory services. Synlab operates across more than 35 countries on three continents and undertakes more than 500 million clinical tests for more than 50 million patients annually. SYNLAB was founded in 1998 and is based in Munich, Germany.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-01 think-cell

Berlin, Germany

think-cell is a PowerPoint chart and layout software that helps in creating stunning charts in minutes, boosts slide layout, and automates regular reports. think-cell was founded in 2002 and is based in Berlin, Germany.

Buy -
Mergr

Product

Company

Legal