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Saint-Gobain acquires Sika for growth in construction

PUBLIC · CODGFJul 26, 202614 days ago

Acquiring Company

Saint-Gobain

Acquired Company

Sika AG

CourbevoieZugManufacturingConstructionBuilding MaterialManufacturing

Description

Saint-Gobain has acquired Sika AG, a leading company in construction chemicals, to enhance its offerings and market position. This acquisition is expected to bolster revenue growth and operational efficiencies for both companies. Sika's established brand and product portfolio will complement Saint-Gobain's existing capabilities. Investors are keenly observing the impact of this acquisition on future performance and growth strategies.

Company Information

Company

Saint-Gobain

Location

12 Place de L'Iris

Courbevoie, Ile De France, France

About

Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group’s commitment is guided by its purpose, “MAKING THE WORLD A BETTER HOME.”

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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