Saint-Gobain further strengthens its position in Construction Chemicals in India
Saint-Gobain announces that it has acquired Menkol Industries Private Limited, a leading Indian manufacturer in high-added value waterproofing systems.
This acquisition strengthens Saint-Gobain’s Construction Chemicals position in added-value specialty building materials in the very dynamic Indian market. Menkol Industries is specialized in high-performance waterproofing systems for building foundations that perfectly complement the existing Preprufe® patented waterproofing membranes from Saint-Gobain’s recent GCP acquisition. This acquisition is a decisive step in Saint-Gobain’s aim to build a leading technical waterproofing platform in India.
This acquisition is in line with Saint-Gobain’s strategic plan, “Grow & Impact” which aims to both strengthen the Group’s leadership and accelerate its growth by enriching its range of solutions for light and sustainable construction.