Saint-Gobain acquires Canada's Xypex, which expects 2026 sales of CAD 110 million

en.Wedoany.com Reported - Saint-Gobain announced the signing of a definitive agreement to acquire Xypex, headquartered in Vancouver, Canada, to strengthen its market position in high-end construction chemicals and expand its rapidly growing business coverage in the non-residential and infrastructure sectors.

Xypex operates in over 100 countries, employs approximately 170 people, and expects 2026 sales to reach CAD 110 million. The company has established a leading position in crystalline waterproofing technology, particularly excelling in infrastructure and specification-driven construction projects in North America, Asia-Pacific, and Europe.

This acquisition adds a highly differentiated waterproofing technology to Saint-Gobain's construction chemicals platform. Saint-Gobain's existing portfolio includes membrane systems (such as GCP Preprufe and FOSROC Proofex), liquid waterproofing solutions (including Stirling Lloyd Eliminator and GCP Silcor), as well as grouting and repair technologies. Xypex has become a preferred brand for engineers and specifiers, with its crystalline waterproofing systems used in hundreds of complex projects worldwide.

Xypex's technology enhances the durability and service life of concrete structures by preventing water penetration, helping to extend asset life and reduce maintenance needs. Its solutions can be used independently or in combination with membrane systems to achieve maximum waterproofing performance. By integrating Xypex's crystalline waterproofing technology, including flagship products such as the Admix C Series, Concentrate, and Bio-San technology, Saint-Gobain will strengthen its product offerings in key infrastructure sectors including transportation, water, and underground engineering.

The acquisition is also expected to generate significant commercial and operational synergies, combining Xypex's specification-driven business model with Saint-Gobain's global presence, extensive distribution network, and established construction chemicals platform.