Saint-Gobain Acquires Xypex to Enhance Waterproofing Solutions

On July 6, 2026, Saint-Gobain announced its definitive agreement to acquire Xypex, a leader in crystalline waterproofing admixtures and coatings, based in Vancouver, Canada. This acquisition aims to bolster Saint-Gobain's offering in construction chemicals, particularly for non-residential and infrastructure sectors. Xypex, known for its high-value waterproofing solutions, operates in over 100 countries and anticipates C$110 million in sales for 2026.

By integrating Xypex's technology, Saint-Gobain will significantly enhance its waterproofing portfolio, which includes existing products like GCP Preprufe and FOSROC Proofex. Crystalline waterproofing is known for increasing the durability of concrete structures, thus prolonging asset life and reducing maintenance needs. This acquisition will also lead to commercial and operational synergies through Saint-Gobain's extensive distribution network.

The transaction aligns with Saint-Gobain's "Lead & Grow" strategy, targeting leadership in construction chemicals and accelerating growth in key markets such as transportation and water infrastructure. The deal is subject to customary conditions and regulatory approvals, with completion expected in the fourth quarter of 2026.