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Home » Saint-Gobain Finalizes Acquisition of Maxit

Saint-Gobain Finalizes Acquisition of Maxit

By    MDM  Staff 
March 14, 2008
More about:  Building Materials/Construction,  Europe,  Mergers/Acquisitions

Saint-Gobain has finalized its acquisition of the Maxit group from HeidelbergCement. The cost of the transaction is €2,091 million. Maxit is a manufacturer of industrial mortars and had sales of €1,338 million in 2007, up 8.2%.


The deal nearly doubles the size of Saint-Gobain's industrial mortars business and is part of its strategy to develop a stronger presence in construction markets. Maxit has 103 plants in 30 countries.

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Saint-Gobain has finalized its acquisition of the Maxit group from HeidelbergCement. The cost of the transaction is €2,091 million. Maxit is a manufacturer of industrial mortars and had sales of €1,338 million in 2007, up 8.2%.


The deal nearly doubles the size of Saint-Gobain's industrial mortars business and is part of its strategy to develop a stronger presence in construction markets. Maxit has 103 plants in 30 countries.

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