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Saint-Gobain's pending US$1.03B acquisition of FOSROC would follow acquisitions of Chryso in 2021, GCP in 2022, and 33 additional acquisitions since 2021; deals are company's new strategic step toward becoming global presence in construction chemicals

France's Saint-Gobain to acquire UAE-based construction chemicals company FOSROC for US$1.03B in cash; FOSROC expected to generate US$487M sales in 2024E, has 'strong' footprint in India, Middle East, Asia-Pacific, 20 manufacturing sites, 3,000 employees

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