OYH Acquires Majority Stake in Aquaproof to Accelerate Expansion in Southeast Asia

OYH, a global leading provider of building material solutions, has completed the acquisition of a 55% majority stake in Aquaproof, the second-largest waterproofing brand in Indonesia. This strategic move marks a major milestone in OYH’s global development and further consolidates its footprint across Southeast Asia.

With decades of development, Aquaproof has built a solid reputation in the local market. The brand offers a comprehensive range of products including waterproof coatings, tile adhesives, grout and construction additives. Supported by a mature nationwide distribution and retail network, Aquaproof enjoys wide recognition and trust among local clients and partners.

The collaboration will integrate OYH’s advanced technologies, robust R&D capabilities and global operational experience with Aquaproof’s deep local market resources and professional team. By leveraging complementary strengths, both parties will jointly optimize product offerings and service systems.

As one of the most dynamic economies in Southeast Asia, Indonesia boasts huge potential in infrastructure and construction sectors. Moving forward, OYH and Aquaproof will work closely to deepen local market cultivation, expand business coverage, and deliver high-quality, reliable building material solutions. The partnership will also serve as a strong base to drive OYH’s steady growth throughout the entire Southeast Asian region.

Both sides expressed confidence in the future cooperation. They will seize market opportunities, create greater value for industry partners and customers, and strive for mutually beneficial long-term development.