Saint-Gobain expands in Indian market with acquisition of Menkol Industries
Saint-Gobain, a global leader in sustainable habitat solutions, has recently announced its acquisition of Menkol Industries Private Limited, a prominent Indian manufacturer in high-added value waterproofing systems. This acquisition marks a significant step in strengthening Saint-Gobain’s Construction Chemicals position in the Indian market, particularly in the specialty building materials sector.
Enhancing Waterproofing Solutions Portfolio
Menkol Industries specializes in high-performance waterproofing systems for building foundations, which perfectly complement Saint-Gobain’s existing Preprufe patented waterproofing membranes from its recent GCP acquisition. This strategic move enables Saint-Gobain to build a leading technical waterproofing platform in India, addressing the increasing demand for durable and sustainable construction materials.
Aligning with Saint-Gobain’s Strategic Plan
Strengthening Construction Chemicals: Saint-Gobain Acquires Waterproofing Leader Menkol
The acquisition is in line with Saint-Gobain’s “Grow & Impact” strategic plan, which aims to strengthen the Group’s leadership and accelerate growth by enriching its range of solutions for light and sustainable construction. By integrating Menkol Industries into its portfolio, Saint-Gobain enhances its capabilities to offer innovative and eco-friendly solutions in the construction sector.
Impact on the Indian Construction Market
This development is particularly significant in the dynamic Indian construction market, where there is a growing focus on sustainable and efficient building practices. The combined expertise of Saint-Gobain and Menkol Industries will provide customers with advanced waterproofing solutions, ensuring better protection and longevity for structures.
Future Prospects and Market Leadership
With this acquisition, Saint-Gobain reaffirms its commitment to leading the market in construction chemicals and sustainable habitat solutions. The company continues to focus on innovations that meet the evolving needs of the construction industry, both in India and globally.