Saint-Gobain completes acquisition of Bailey Group - Daily Commercial News

  • 📰 DCN_Canada
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 74%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Canada's construction news

CONCORD, ONT. — French firm Saint-Gobain recently announced it has completed the acquisition of the Bailey Group of Companies, a Canadian manufacturer of metal building products.Bailey Hunt Limited is headquartered in Concord, Ont. and has 12 locations in Canada in Ontario, Quebec, Alberta and British Columbia. With the deal, Saint-Gobain is in a position to add $500 million in revenues.

Saint-Gobain has previously invested $3 billion in the Canadian market over the past three years. Other deals have included the acquisition of Kaycan, a siding and exteriors provider, in 2022, and Building Products of Canada, a manufacturer of residential roofing shingles and wood fibre insulation panels, in 2023.

In February, Saint-Gobain completed the installation of a recovery system at its gypsum facility in Vancouver. In June 2022, Saint-Gobain and CertainTeed CanadaThe plant will also transition away from fossil fuels to renewable electricity from Hydro-Quebec, making it the first zero-carbon wallboard plant in North America for scopes one and two emissions. Work on that project is currently underway.Team effort landed $1.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 17. in BE

Belgique Dernières Nouvelles, Belgique Actualités