News
Freshfields advises Saint-Gobain on its acquisition of Fosroc
Global law firm Freshfields Bruckhaus Deringer (‘Freshfields’) is advising Saint-Gobain on the acquisition of Fosroc, a leading global construction chemicals player for $1,025 million (approximately €960 million).
This acquisition is a new strategic step in establishing Saint-Gobain’s worldwide presence in construction chemicals, which will have combined sales of €6.2 billion across 73 countries following the acquisition.
Fosroc is a global construction chemicals player with a strong geographic footprint in India, the Middle East and Asia-Pacific in particular. Fosroc provides a wide range of technical solutions for the construction industry, including admixtures and additives for concrete and cement, adhesives and sealants, waterproofing solutions, concrete repair solutions and flooring.
Closing of the transaction is subject to customary conditions and is expected in first-half 2025.
The Freshfields team was coordinated from Paris and Dubai and led by Olivier Rogivue (Corporate/M&A, Paris) and Pervez Akhtar (Corporate/M&A, Dubai) and included:
- Partners: in addition to Olivier Rogivue and Pervez Akhtar, Vincent Daniel-Mayeur (Tax, Paris), Frank Roehling (ACT, Berlin), Martin McElwee (ACT, London), Douglas Bryden (Environment, London), Ludovic Malgrain (Dispute Resolution, Paris), Andrew Murphy (People and Reward, London), Richard Lister (IP, London) David Franco Corporate/M&A, Madrid)
- Counsel: Sonia Tubiana (Corporate/M&A, Paris), Thomas Métayer (Tax, Paris), Tabasam Faqir (Finance, Dubai), Danny Li and Stephanie Chiu (Corporate/M&A, Hong Kong)
- Senior Associates: Nalothiya Nambirajah (Corporate/M&A, Dubai), Justin Chen (ACT, London), Grégoire Durand (Dispute Resolution, Paris), Matthew Everett (Tax, London), Rohan Jerath (IP, London)
- Associates:, Folarin Odunubi, Liana Al Mifleh, Kende Szabo and Rahul Karia (Corporate/M&A, Dubai), Romain Giraud (Corporate/M&A, Paris), Helena Haag (ACT, Berlin), Victoria Delettre, (ACT, Brussels), Leonie Sage and Sarah Mitchell (ACT, London), Charlotte Aspin (Environment, London), Tazio Jaegle and Louis-Antoine Jacquet (Tax, Paris), Anika Prasad (People and Reward, London), Marat Gainutdinov and Stevie Gallagher (Finance, Dubai) Muyasser Albar (Corporate/M&A, Riyadh), Francesca Teng, Nicola Fish, Hannah Family, Claudia Chan and Tariq Chastanet-Hird (IP, London), Lola Wu (Corporate/M&A, Hong Kong), Caroline Leopold (Corporate/M&A, Amsterdam), Thang Duy Phan (Corporate/M&A, Hanoi), Emilia Farley (Real Estate, London), Miguel Angel Calvo (Corporate/M&A, Madrid)
- Legal Consultant and Trainees: Tariq Saeed (Corporate/M&A, Dubai), Dieu Linh Ha (Hanoi)
