Home breadcru News breadcru Announcement breadcru Saint-Gobain buys Morteros de Europa stake

Saint-Gobain buys Morteros de Europa stake

02 Mar '26
2 min read
Saint-Gobain buys Morteros de Europa stake
Pic: Shutterstock/HJBC

Insights

  • Saint-Gobain has agreed to acquire a majority stake in Morteros de Europa, marking its entry into the Dominican Republic and wider Caribbean market.
  • The company, which generated around €30 million (~$32.4 million) in 2025 revenue, operates three plants and employs about 340 people.
  • The move strengthens Saint-Gobain's construction chemicals portfolio under its “Lead & Grow” strategy.
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 €30 million (~$32.4 million) 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.

Note: The headline, insights, and image of this press release may have been refined by the ALCHEMPro staff; the rest of the content remains unchanged.

ALCHEMPro News Desk (JP)

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