27 Jun Deal Announcement – FOSROC
We are pleased to announce the signing of the conditional acquisition of FOSROC by Saint-Gobain, with a deal value of over US$1 billion. Integritas Advisory acted as corporate advisor to the sellers and managed the deal process.
FOSROC, a global leader in construction chemicals founded in 1972, has been acquired by Saint-Gobain, a major French multinational specialising in construction materials and solutions.
Mark Davis commented:
“We are very proud to have assisted FOSROC in achieving a fantastic result in this landmark transaction. I have personally worked with the business since 2002, including serving as a non-executive director of the company for many years, so it is very satisfying to have achieved this momentous outcome. We look forward to completion of the transaction.”