Saint-Gobain Continues Its Development In Construction Chemicals By Entering The Dominican Republic And Strengthening Its Position In Benelux

Saint-Gobain is reinforcing its construction chemicals position with:

• An agreement to acquire a majority stake in Morteros de Europa in the Dominican Republic;
• An agreement to acquire Grouttech, i.e. Grout Techniek B.V. (Netherlands) and Grout Techniek BV (Belgium).

Saint‑Gobain has concluded an agreement to acquire a majority stake in Morteros de Europa, a leading player in the Dominican Republic in construction chemicals. The company offers a wide range of mortars, including tile adhesives and façade solutions.

It achieved revenues of around €30M in 2025, with three production plants in the country and approximately 340 employees.

This transaction marks the entrance of Saint-Gobain in the Dominican Republic and in the fastgrowing Caribbean region. The Group will leverage Morteros de Europa’s strong market position to accelerate the deployment of its full range of light and sustainable construction solutions in the Dominican Republic and across the Caribbean.

The completion of the transaction is expected in the first half of 2026, subject to the approval of the relevant authorities.

Grouttech specializes in construction chemicals with solutions for infrastructure and buildings in the Netherlands and Belgium: concrete repair systems, grouting, injection resins and technical flooring. The completion of the transaction is expected by the end of the first quarter of 2026.

These acquisitions are fully aligned with Saint-Gobain’s “Lead & Grow” strategic plan, aimed at strengthening the Group’s leadership in construction chemicals and expanding its presence in high-growth emerging markets, as well as accelerating in the non-residential and infrastructure markets.