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Acquisition of Philprime Global Corporation

On April 15th, 2016, CHRYSO has concluded the acquisition of Philprime Global Corporation, located near Manila, which thus becomes the 20th subsidiary of the Group. Philprime was created in 1969 and is a key player on the Philippines construction market.

The new CHRYSO Company offers a large range of solutions for the cement and concrete markets. Customers will benefit both from the CHRYSO® innovative technologies and the large range of services: technical-economic support, tests in our laboratories and on customers’ sites, dosage equipment, supply chain…

With this acquisition, CHRYSO asserts its development strategy in South East Asia, and reinforces its position in high-growth countries.

 

About the CHRYSO Group

Aimed at cement manufacturers, ready-mix concrete plants, precast manufacturers and construction companies, CHRYSO’s offer includes cement additives, concrete admixtures and Construction Systems (waterproofing solutions, mortars, etc.).

CHRYSO® solutions have won renown on the most prestigious construction sites throughout the world thanks to the group’s extensive network, which now includes 20 foreign subsidiaries and covers more than 70 countries through its wide network of distributors, licensees and agents. The CHRYSO group employs more than 1,100 staff worldwide. Innovation, customer service, expertise and technical know-how are the CHRYSO Group’s cornerstones. For more information, visit our website www.chryso-group.com.

 

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