Saint-Gobain has announced new strategic acquisitions aimed at strengthening its construction chemicals business, including entering the Caribbean market and expanding its presence in the Benelux region.
The move forms part of the company’s Lead & Grow strategy, designed to reinforce its global leadership in construction chemicals and accelerate growth in infrastructure and non-residential construction markets.
Entry into the Dominican Republic market
Saint-Gobain has signed an agreement to acquire a majority stake in Morteros de Europa, a leading construction chemicals manufacturer in the Dominican Republic.
Morteros de Europa produces a wide range of mortar-based solutions, including tile adhesives and façade systems used in building construction. The company generated approximately €30 million in revenue in 2025 and operates three production plants across the country with around 340 employees.
The acquisition marks Saint-Gobain’s first entry into the Dominican Republic, allowing the company to expand its presence in the rapidly growing Caribbean construction market.
Following the deal, Saint-Gobain plans to leverage Morteros de Europa’s market position to deploy its light and sustainable construction solutions across the Dominican Republic and other Caribbean markets.
The transaction is expected to close in the first half of 2026, subject to regulatory approvals.
Strengthening presence in the Benelux region
In addition, Saint-Gobain has reached an agreement to acquire Grout Techniek B.V., also known as Grouttech, which operates in the Netherlands and Belgium.
Grouttech specialises in construction chemical solutions for infrastructure and building applications, including:
- Concrete repair systems
- Grouting solutions
- Injection resins
- Technical flooring products
The acquisition will strengthen Saint-Gobain’s footprint in the Benelux construction chemicals market, particularly in infrastructure and industrial projects.
The deal is expected to be completed by the end of the first quarter of 2026.
Strategic growth under the “Lead & Grow” plan
Both acquisitions align with Saint-Gobain’s Lead & Grow strategic plan, which focuses on:
- Expanding the group’s construction chemicals portfolio
- Increasing presence in high-growth emerging markets
- Strengthening its position in infrastructure and non-residential construction segments
Through these investments, the company aims to accelerate the development of sustainable and high-performance construction materials across global markets.
About Saint-Gobain
Headquartered in Paris, Saint-Gobain is a global leader in light and sustainable construction solutions. The group designs, manufactures and distributes materials and services for residential, commercial and infrastructure projects.
The company reported €46.6 billion in sales in 2024 and employs more than 161,000 people across 80 countries. Saint-Gobain has also committed to achieving net-zero carbon emissions by 2050 as part of its long-term sustainability strategy
