CHRYSO SAS acquires 100% of the shares of Fosroc France
Materis announces the acquisition by its subsidiary Chryso SAS of 100% of the shares of Fosroc France from JMH group. A reputable player in the French market of construction chemicals, Fosroc France markets concrete admixtures as well as ready to use construction products from its production site of Chasse-sur-Rhône, near Lyon. Fosroc France had a turnover of 10 million Euros in 2008.
With sales of 1,8 billion Euros, Materis group is a world leader in specialty building chemicals. Its four businesses are Materis Paints, Kerneos, Parex group, leader in the field of ready to use products for construction and Chryso, a leader in cement and concrete admixtures.