Apr 3, 2024ACQUISITIONCanada, Canada Saint-Gobain to acquire The Bailey Group of Companies for C$880M
Saint-Gobain, through its subsidiary CertainTeed Canada, announced its intent to acquire The Bailey Group of Companies, a Canadian manufacturer of metal building solutions, for C$880 million. The acquisition includes Bailey's 12 manufacturing sites across Canada and approximately 690 employees.
Value
$650.0M (880.0M CAD)
Productscommercial metal framingmetal building systemsceiling grids
“The complementary addition of Bailey's existing line of high-quality metal framing products in Canada will broaden Saint-Gobain's global offering in the category.”businesswire.com
- 4 sources
- businesswire.comSaint-Gobain Announces Intent to Acquire The Bailey Group of Companies, Leaders in Metal Building Solutions in CanadaPeter ClarkApr 3, 2024
- investegate.co.ukAcquisition | Company Announcement | InvestegateInvestegateApr 3, 2024
- lesaffaires.comLa multinationale française Saint-Gobain achète le groupe Bailey - Les AffairesLa Presse CanadienneApr 3, 2024
- wconline.comSaint-Gobain Announces Intent to Acquire The Bailey Group of Companies | Walls & CeilingsBy: Brian McKayMay 7, 2024
Summarized from public sources; check the original articles before acting on it.