Saint-Gobain signs agreement for the acquisition of Duraziv in Romania

Saint-Gobain announces the conclusion of an agreement for the acquisition of the Duraziv Group in Romania, specialized in the production of adhesives, mortars, plasters, decorative plasters, paints, and metal profiles.

Present on the construction materials market in Romania for 18 years, Duraziv has developed significantly in recent years, reaching a turnover of over 30 million Euro in 2020. The Group has approximately 200 employees.

Subject to the approval of the Romanian competition authorities, the closing of the transaction is expected to take place in the third quarter of this year.

“We are delighted that Duraziv will be part of the Saint-Gobain family. The range of innovative products, the diversity of solutions, the efficient team and the culture based on sustainability and innovation are aligned with the strategy of the Saint-Gobain Group. With this strategic acquisition, we expand our range of solutions and services offered to our customers: our knowledge and capacity for innovation, together with the rich expertise of the Duraziv team, will allow us to strengthen our position in the market. We look forward to working together and creating a sustainable future,” said Ovidiu Pascutiu, CEO of the Saint-Gobain Group in Romania.