# Saint-Gobain to acquire Kaycan for $928 million

Saint-Gobain has entered into a definitive agreement to acquire Kaycan, a manufacturer of premium building products in Canada and the United States, for $928 million in cash. The transaction is expected to close by the end of 2022.

- Type: Acquisition
- Announced: 2022-05-31
- Where: Canada
- Value: $928.0M
- Status: announced
- Products: premium building products
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Saint-Gobain](https://endata.com/companies/1801.md) (acquirer)
- [Compagnie de Saint-Gobain](https://endata.com/companies/34430.md) (acquirer)
- [Kaycan](https://endata.com/companies/63178.md) (target)

## Sources

- [reuters.com](https://www.reuters.com/markets/deals/frances-saint-gobain-buy-canadias-kaycan-928-million-2022-05-31/), 2022-05-31: "Saint-Gobain has entered into a definitive agreement to acquire Kaycan, a manufacturer of premium building products in Canada and the United States, for $928 million in cash."
- [tradingsat.com](https://www.tradingsat.com/saint-gobain-FR0000125007/actualites/saint-gobain-saint-gobain-accord-pour-l-achat-de-kaycan-pour-860-me-1021387.html), 2022-05-31: "Saint-Gobain annonce la conclusion d'un accord définitif portant sur l'acquisition pour environ 860 ME de Kaycan."
- [markets.ft.com](https://markets.ft.com/data/announce/full?dockey=1323-15477132-1K0IDFU5KS82PKJTD8NO5J26A9), 2022-06-01: "With this acquisition, Saint-Gobain reinforces its worldwide leadership in light and sustainable construction by becoming the top siding player in Canada and enlarging its vinyl offer across the United States."

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