# Saint-Gobain to acquire Bailey Group for $650M

Saint-Gobain, through CertainTeed Canada, announced plans to acquire Bailey Group of Companies, a Canadian metal framing manufacturer, for C$880 million ($650 million), including its joint venture stake.

- Type: Acquisition
- Announced: 2018-03-09
- Where: Canada (multiple sites), Canada
- Value: $650.0M
- Jobs: 690
- Status: announced
- Products: commercial metal framing, building systems
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Saint-Gobain](https://endata.com/companies/1801.md) (acquirer)
- [Bailey Group of Companies](https://endata.com/companies/30601.md) (target)

## Sources

- [tradearabia.com](https://www.tradearabia.com/News/284753/St-Gobain-to-buy-Canadian-building-group-Bailey-for-%24650m), 2018-03-09: "As a strategic partner in The Grid Company joint venture for over a decade, we have first-hand knowledge of the Bailey team’s expertise in producing high quality light construction solutions."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.