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Saint-Gobain completed the purchase of Kaycan, a manufacturer and distributor of exterior building materials in Canada and the United States. The deal allows Saint-Gobain to expand its vinyl offering in the US and become a top siding company in Canada.
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.