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Saint-Gobain Completes Acquisition of Building Products of Canada Corp.

2023-09-01 23:20
MALVERN, Pa.--(BUSINESS WIRE)--Sep 1, 2023--
Saint-Gobain Completes Acquisition of Building Products of Canada Corp.

MALVERN, Pa.--(BUSINESS WIRE)--Sep 1, 2023--

Saint-Gobain has completed the acquisition, announced on June 12, 2023, of Building Products of Canada Corp. (Building Products of Canada), a leading manufacturer of residential roofing shingles and wood fiber insulation panels in Canada.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230901413388/en/

(Photo: Business Wire)

With 460 employees working at three manufacturing plants across the country (Montreal, Edmonton, Pont-Rouge), Building Products of Canada complements CertainTeed Canada’s existing operations by offering roofing materials, and will add C$435 million to its leadership position in Canada, where it already has C$1.4 billion in sales. Along with the recent acquisitions of Kaycan and GCP in 2022, this acquisition is a major milestone in establishing Saint-Gobain’s leading position worldwide in light and sustainable construction.

Building Products of Canada joins the CertainTeed building materials business, in the Americas Region.

Today’s closing announcement follows several other North American growth investments announced by Saint-Gobain in recent months:

With over 150 manufacturing locations in United States and Canada, every current and future member of the company’s team plays a vital role in achieving its sustainability goals. A current list of job openings at all Saint-Gobain locations, including throughout Canada, can be found on the company’s careers website.

ABOUT CERTAINTEED

With innovative building solutions made possible through its comprehensive offering of interior and exterior products, CertainTeed is transforming how the industry builds. As leaders in building science and sustainable construction, CertainTeed makes it easier than ever to create high-performance, energy-efficient places to live, work and play, so that together we can make the world a better home.

A subsidiary of Saint-Gobain, one of the world's largest and oldest building products companies, CertainTeed has more than 6,900 employees and more than 60 manufacturing facilities throughout the United States and Canada. The group had total sales of approximately $5.6 billion in 2021. www.certainteed.com

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, located in 75 countries
Committed to achieving Carbon Neutrality by 2050

View source version on businesswire.com:https://www.businesswire.com/news/home/20230901413388/en/

CONTACT: Media

Saint-Gobain North America :

Peter Clark

Saint-Gobain Corporate Communications

Media@saint-gobain.com

KEYWORD: PENNSYLVANIA UNITED STATES NORTH AMERICA CANADA

INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING OTHER CONSTRUCTION & PROPERTY RESIDENTIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY

SOURCE: Saint-Gobain

Copyright Business Wire 2023.

PUB: 09/01/2023 11:05 AM/DISC: 09/01/2023 11:06 AM

http://www.businesswire.com/news/home/20230901413388/en