Granular pigment manufacturer Interstar has been acquired by Saint-Gobain. (Photo courtesy of Saint-Gobain Group)
Saint-Gobain Group has acquired the business assets of Interstar Materials Inc., expanding its footprint in North America’s construction chemicals sector and extending the company’s activities into the market of granular pigments for concrete.
Interstar has been manufacturing products for the decorative concrete industry for more than 30 years, offering a full portfolio of products for all segments of the concrete market, including ready mix, stamped concrete, block, pavers and precast.
Saint-Gobain expects the purchase to add over $20 million to its annual revenues while establishing an immediate presence in the granular pigments industry in North America. The new parent company says the business will continue to operate from its headquarters in Sherbrooke, Que., as well as at additional facilities in Calgary and in Junction City, Ill., and that its 55 employees will join Saint-Gobain, bringing expertise that will enhance the capabilities of its construction chemicals business. The company will also continue to conduct business under the Interstar brand within Canada and the United States.
“With this acquisition, we are continuing to strengthen our leadership in the construction chemicals segment,” said Mark Rayfield, president and CEO of Saint-Gobain North America. “Interstar Materials, Inc. is an ideal partner for Saint-Gobain, sharing our commitment to innovation and sustainable construction. I am excited to collaborate with the Interstar team and welcome their employees into our business. Together, we will continue to drive progress toward our mission of ‘Making the world a better home.’”
“The Interstar team and I are thrilled to join Saint-Gobain’s construction chemicals business and work with the Chryso team,” said Zachary Gillman, president of Interstar. “From the outset of the acquisition process, it was clear that our companies share common values — a commitment to quality, integrity, innovation and growth. I am especially excited about the opportunities this partnership will create for Interstar employees as part of the Saint-Gobain Group.”
With a worldwide footprint in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. The company has locations in 80 countries, 166,000 employees worldwide, and posted over $70 billion in sales in 2024.
