Acquisitions refer to the process of obtaining ownership or control of a company, asset, or resource by another entity. In a business context, acquisitions typically involve one company purchasing a majority stake or the entirety of another company to expand its operations, increase market share, enhance capabilities, or gain access to new technologies or products. Acquisitions can be made through various means, including cash, stock swaps, or other financial arrangements. They are strategic actions often pursued to achieve growth goals, enter new markets, or achieve synergies that can improve efficiency and profitability. In broader terms, acquisitions can also refer to the act of acquiring goods or services in other fields, such as government procurement or library collection development.
Saint-Gobain has acquired FOSROC, a leader in construction chemistry. The acquisition strengthens Saint-Gobain's global presence and product offerings. FOSROC operates 20 production facilities and employs around 3,000 people. The company…