Saint-Gobain buys Vietnam drywall maker Phu My Innovative Materials

Reuters2026/07/27 18:13

By:Reuters

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Saint-Gobain completed the acquisition of Phu My Innovative Materials, a major Vietnam plasterboard plant with about EUR 20 million 2025 revenue.
The deal expands capacity to meet rising demand for lightweight, energy-efficient building systems; Saint-Gobain had more than EUR 200 million 2025 sales in Vietnam.
Separately, it agreed to buy AGC’s majority stake in AGC Polymer Materials, a Japan polyurethane waterproofing and flooring business with about EUR 50 million 2025 revenue.
The Japan transaction is expected to close in Q1 2027, adding scale to Saint-Gobain’s construction chemicals platform alongside GCP.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Compagnie de Saint Gobain SA published the original content used to generate this news brief on July 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Saint-Gobain buys Vietnam drywall maker Phu My Innovative Materials

You may also like

Crypto prices