Construction refers to the process of building or assembling infrastructure, buildings, and other structures. It involves planning, designing, financing, and physically creating environments in which people live, work, and interact. Construction encompasses various activities, including site preparation, excavation, foundation work, material assembly, and finishing processes. It employs a range of professionals, including architects, engineers, contractors, and skilled laborers who work together to complete projects that can vary in size and complexity, such as residential homes, commercial buildings, bridges, roads, and more. The construction process is governed by regulations and codes to ensure safety, quality, and sustainability, and it plays a critical role in economic development and urban planning.
Saint-Gobain's acquisition of FOSROC marks a significant milestone in the construction industry. FOSROC has a robust global presence with 20 production facilities and approximately 3,000 employees. The acquisition is poised…