Acquisition of Xypex in construction chemicals, a leader in high value-added waterproofing solutions

PRESS
RELEASE
July 6, 2026

Tour Saint-Gobain • 12 place de l’Iris • 92400 Courbevoie • France • Tel. +33 1 88 54 00 00 • www.saint-gobain.com

SAINT-GOBAIN REINFORCES ITS CONSTRUCTION CHEMICALS OFFER FOR NON-RESIDENTIAL AND INFRASTRUCTURE WITH THE ACQUISITION OF XYPEX (NORTH AMERICA), A LEADER IN HIGH VALUE-ADDED WATERPROOFING SOLUTIONS

Saint-Gobain has entered into a definitive agreement to acquire Xypex, a global leader in crystalline waterproofing admixtures and coatings, headquartered in Vancouver, Canada.

Xypex provides its differentiated solutions in more than 100 countries and employs approximately 170 people with sales of C$110 million expected in 2026. The company has established itself as the reference brand in crystalline waterproofing – with a strong position in infrastructure and specification-driven construction markets – in North America, as well as in Asia-Pacific and in Europe.

The acquisition will strengthen Saint-Gobain’s construction chemicals platform and enhance cross-selling and upselling, by adding a highly differentiated and complementary technology to its existing waterproofing solutions portfolio, which includes membranes (GCP Preprufe, FOSROC Proofex), liquid-applied systems (Stirling Lloyd Eliminator, GCP Silcor), injections and repair technologies. Xypex solutions have been specified in hundreds of demanding projects around the world, positioning Xypex as a leading brand for engineers and specifiers in the waterproofing space.

Crystalline waterproofing enhances the durability and service life of concrete structures, helping extend asset life and reduce maintenance requirements. It can be used either as a standalone solution or in combination with membrane systems in situations requiring the highest level of waterproofing performance.

Leveraging Xypex’s leading crystalline waterproofing technology (which is featured in Xypex’s flagship products such as Admix C-Series, Concentrate, or in the new Bio-San technology), Saint-Gobain will further strengthen its presence in the attractive non-residential and infrastructure markets, including transportation, water and underground construction applications. The transaction will also create significant commercial and operational synergies through the combination of Xypex’s specification-driven model with Saint-Gobain’s global footprint, distribution network and construction chemicals platform.

The transaction is subject to customary conditions and regulatory approvals and is expected to close in the fourth quarter of 2026.

This acquisition is fully aligned with Saint-Gobain’s “Lead & Grow” strategic plan, aimed at strengthening the Group’s leadership in construction chemicals, as well as accelerating its growth in the non-residential and infrastructure markets.

PRESS
RELEASE
July 6, 2026

Tour Saint-Gobain • 12 place de l’Iris • 92400 Courbevoie • France • Tel. +33 1 88 54 00 00 • www.saint-gobain.com

About Saint-Gobain

Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services adapted to the residential, non-residential and infrastructure markets. Its integrated and innovative solutions provide sustainability, performance and well-being for its customers. The Group is guided by its purpose, “MAKING THE WORLD A BETTER HOME”.

€46.5 billion in sales in 2025
162,000 employees, locations in 80 countries
Committed to achieving net zero carbon emissions by 2050

For more information about Saint-Gobain, visit www.saint-gobain.com and follow us on LinkedIn Saint-Gobain

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