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REG - Compagnie St-Gobain - Acquisition

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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".

 

€51.2 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 (http://www.saint-gobain.com) and follow us on
Twitter @saintgobain

 

 

 

 

 

 

 

 

 

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