Saint-Gobain buys U.S.-based GCP to grow in construction chemicals

Saint-Gobain buys U.S.-based GCP to grow in construction chemicals
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08.12.2021

MOSCOW (MRC) -- Saint-Gobain has signed an agreement to acquire US-based construction-chemicals producer GCP Applied Technologies for USD2.3bn, said Reuters. The price comes to USD32/share and represents a multiple of 13.2x of GCP's 2022 estimated adjusted earnings before interest, tax depreciation and amortisation (EBITDA), Saint-Gobain said. That 2022 estimate for adjusted EBITDA comes

Full article at mrcplast.com

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