Saint Gobain has announced the acquisition of Chryso, a player in the construction chemicals sector, for an EV of €1,020m (EV/EBITDA multiple of 12x) to be paid fully in cash. Chryso provides comprehensive additives solutions for sustainable construction. The company has generated in the last 12 months revenues of c.€400m and an EBITDA of €85m. The deal is expected to be closed in H2 21.
22 May 2021
SGO to acquire innovation-driven Chryso
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SGO to acquire innovation-driven Chryso
Compagnie de Saint-Gobain SA (SGO:PAR) | 0 0 0.0%
- Published:
22 May 2021 -
Author:
Sejal Varshney -
Pages:
3
Saint Gobain has announced the acquisition of Chryso, a player in the construction chemicals sector, for an EV of €1,020m (EV/EBITDA multiple of 12x) to be paid fully in cash. Chryso provides comprehensive additives solutions for sustainable construction. The company has generated in the last 12 months revenues of c.€400m and an EBITDA of €85m. The deal is expected to be closed in H2 21.