# Maibec acquires CanExel brand and production facility from LP Building Solutions

Maibec Inc. acquired the CanExel brand and production facility in East River, Nova Scotia from LP Building Solutions. The deal strengthens Maibec's position in exterior siding systems.

- Type: Acquisition
- Announced: 2020-06-22
- Where: East River, Nova Scotia, Canada
- Status: completed
- Products: exterior siding systems, shingles, trim
- 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

- [newswire.ca](https://www.newswire.ca/news-releases/maibec-r-officially-acquires-canexel-r--869130042.html), 2020-06-22: "CanExel is a perfect addition to our portfolio."

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