Saint-Gobain Group has acquired the business assets of Interstar Materials Inc., strengthening its expansion in North America’s Construction Chemicals sector and marking the company’s entrance into granular pigments for concrete. This acquisition follows recent action by the company in the construction chemicals sector in the United States and Canada, including the acquisitions of Chryso in 2021 and GCP Applied Technologies in 2022.
With over 30 years of manufacturing experience, Interstar has been a leading North American manufacturer of products for the growing decorative concrete industry, allowing for the creation of concrete that is both functional and aesthetically pleasing. Interstar offers a full portfolio of solutions for all segments of the concrete market including ready mix, stamped concrete, block, pavers, and precast.
With this latest acquisition, Saint-Gobain will add over $20 million to its revenue and establish a strong presence in the granular pigments industry in North America. The business will continue to operate from its headquarters in Sherbrooke, Quebec, as well as at additional facilities in Calgary, Alberta, and Junction City, Illinois.
“From the outset of the acquisition process, it was clear that our companies share common values,” says Zachary Gillman, president of Interstar Materials, Inc., “a commitment to quality, integrity, innovation, and growth.”
For more, visit www.saint-gobain.com.