Saint-Gobain has formed a joint venture with a subsidiary of Indocement Tunggal Prakarsa to acquire Indocement’s mortars business in Indonesia.
Saint-Gobain will hold 60 per cent and Indocement 40 per cent.
The Tiga Roda mortars business, with sales near €20 million (~$23.38 million) in 2025, strengthens Saint-Gobain’s CMU portfolio, geographic reach and customer access across Indonesia.
Saint-Gobain will hold 60 per cent and Indocement 40 per cent.
The Tiga Roda mortars business, with sales near €20 million (~$23.38 million) in 2025, strengthens Saint-Gobain’s CMU portfolio, geographic reach and customer access across Indonesia.
