# Maibec to acquire LP's Nova Scotia siding facility and CanExel brand

Maibec agreed to acquire LP Building Solutions' East River facility in Nova Scotia and the CanExel fibre-based siding brand. The transaction is expected to close in Q2 2020.

- Type: Acquisition
- Announced: 2020-02-28
- Where: Nova Scotia, Canada
- Status: announced
- Products: fibre-based siding
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Maibec](https://endata.com/companies/45598.md) (acquirer)
- [LP Building Solutions](https://endata.com/companies/45599.md) (partner)

## Sources

- [woodbusiness.ca](https://www.woodbusiness.ca/maibec-to-acquire-lp-nova-scotia-siding-facility-canexcel-brand/), 2020-02-28: "Maibec to acquire LP’s Nova Scotia siding facility, CanExcel brand."

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