M&A Deal Summary

Saint-Gobain Acquires Maxit Group AB

On August 1, 2007, Saint-Gobain acquired building materials company Maxit Group AB

Acquisition Highlights
  • This is Saint-Gobain’s 2nd transaction in the Building Materials sector.
  • This is Saint-Gobain’s 2nd transaction in Sweden.

M&A Deal Summary

Date 2007-08-01
Target Maxit Group AB
Sector Building Materials
Buyer(s) Saint-Gobain
Deal Type Add-on Acquisition

Target

Maxit Group AB

Sollentuna, Sweden
Maxit Group AB is a manufacturer and seller of premix and exclay products.

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Buyer(S) 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 STATS #
Overall 3 of 51
Sector: Building Materials M&A 2 of 23
Type: Add-on Acquisition M&A Deals 3 of 47
Country: Sweden M&A 2 of 2
Year: 2007 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-27 Saint-Gobain s Reinforcement and Composites Business

Saint-Gobain's Reinforcement and Composites Business is a manufacturer of glass reinforcements and composites. It is comprised of 20 plants, which includes 12 glass fiber reinforcements plants, six fabrics plants and two plants that produce both reinforcements and fabrics.

Sell $640M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-08-31 Norandex Building Materials Distribution

Hudson, Ohio, United States

Norandex Building Materials Distribution, Inc. is a distributor of windows, siding and other exterior building products.

Buy -