Compagnie de Saint-Gobain Acquisition (9043J)
21 August 2023 - 8:33AM
UK Regulatory
TIDMCOD
RNS Number : 9043J
Compagnie de Saint-Gobain
21 August 2023
SAINT-GOBAIN expects to COMPLETE ITS ACQUISITION
OF bUILDING pRODUCTS OF CANADA ON SEPTEMBER 1(st) , 2023
Saint-Gobain has now obtained approval from the Competition
Bureau of Canada for its acquisition announced on June 12, 2023 of
Building Products of Canada, a privately owned manufacturer of
residential roofing shingles and wood fiber insulation panels in
Canada. The acquisition is expected to close on September 1(st) ,
2023.
With this acquisition, Saint-Gobain takes a logical step to
reinforce its leadership in light and sustainable construction in
Canada by completing its offer on Exterior Solutions in the country
with Roofing, following the addition of Siding thanks to the Kaycan
acquisition in 2022. The acquisition therefore complements the
existing CertainTeed Canada operations, already leader in Interior
Solutions (gypsum, insulation, ceilings).
ABOUT SAINT-GOBAIN
Worldwide leader in light and sustainable construction,
Saint-Gobain designs, manufactures
and distributes materials and services for the construction and
industrial markets. Its integrated solutions for the renovation of
public and private buildings, light construction and the
decarbonization
of construction and industry are developed through a continuous
innovation process and provide sustainability and performance. The
Group's commitment is guided by its purpose,
"MAKING THE WORLD A BETTER HOME".
EUR51.2 billion in sales in 2022
168,000 employees, locations in 75 countries
Committed to achieving Carbon Neutrality by 2050
For more information about Saint-Gobain,
visit www.saint-gobain.com and follow us on Twitter
@saintgobain
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