Saint-Gobain deepens Africa expansion with gypsum plant acquisition in Kenya

0
894
Saint-Gobain deepens Africa expansion with gypsum plant acquisition in Kenya

French construction material manufacturer Saint-Gobain says it  has acquired a gypsum plant in Nairobi, Kenya.

This will be Saint-Gobain’s first production site in Kenya, where it will also invest in a construction chemicals production line on the same site. Saint-Gobain has also acquired a majority stake in a.b.e.® Mauritius, a leading producer – and a licensee of Chryso – of technical mortars, additives and waterproofing products in Mauritius.

These acquisitions are fully in line with the “Grow & Impact” plan unveiled at the beginning of October. They will strengthen the Group’s presence in Africa and accelerate its growth in the region by enriching its range of solutions for light and sustainable construction.

Saint-Gobain’s expanded industrial footprint in Africa now extends to 12 countries with 29 industrial sites – of which 9 new plants were opened over the last 2 years.

Also Read

Affordable housing in Kenya gets major boost

South Africa sued over inclusion of coal in energy mix

ADVERTISEMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here