Saint-Gobain enters agreement to acquire Chryso

24 May 2021 CW Team

Saint-Gobain, a global player in the construction chemicals market, has entered an agreement to acquire Chryso from funds that are advised by Cinven, an international private equity firm.

Chryso gives comprehensive additives solutions for sustainable construction by relying on knowledge of construction materials, formulation expertise, and innovative chemistry.

The company has generated above Euro 400 million over the last year's revenues and an EBITDA of Euro 85 million, and it employs about 1,300 employees.

The acquisition of Chryso perfectly fits with Saint-Gobain's strategic vision of worldwide leadership for sustainable construction. It will expand the Group's presence with combined sales of more than Euro 3 billion across 66 countries within the growing construction chemicals market.

Saint-Gobain will entirely finance the acquisition using the proceeds from divestments made by the Group. The enterprise value of Euro 1,020 million represents 12 times multiple of Chryso's last year's EBITDA of Euro 85 million and 7.6 times post-run-rate synergies of Euro 50 million in year five.

Image Source

Also read: Mitsubishi invests in Starfire Energy to make green ammonia, hydrogen

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..