Saint-Gobain, through its industrial mortars activity (Saint-Gobain Weber), has created a joint venture in Ghana with local partners.
Saint-Gobain will hold a minority interest in the first instance. Based in Accra, this joint venture will manufacture industrial mortars and commercialise them in Ghana. This transaction allows Saint-Gobain to gain a foothold in West Africa, a region that has been experiencing a dynamic growth for several years, especially in the construction market.
It also strengthens its ability to meet strong local demand in Sub-Saharan Africa where Saint-Gobain Weber is already present in South Africa.
It supports Saint-Gobain Group’s strategy to develop in this high-potential region, where Construction Products and Saint-Gobain Glass (Innovative Materials) teams are also present.