Saint-Gobain Acquires Kaycan
May 31, 2022
Saint-Gobain agreed to acquire Kaycan, Ltd., a family-owned Canadian manufacturer and distributor of exterior building materials, for US$928 million and completed the transaction on July 29, 2022. The acquisition makes Saint-Gobain the top siding player in Canada, expands its vinyl offering in the United States with complementary aluminum and engineered wood solutions, and is expected to generate approximately US$30 million of run-rate synergies.
- Buyers
- Saint-Gobain
- Targets
- Kaycan, Ltd.
- Sellers
- Kaycan family shareholders
- Industry
- Building Products
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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