Saint-Gobain Announces A Major Move To Reinforce Its Leadership Position In Light And Sustainable Construction In North America By Signing A Definitive Agreement To Acquire Kaycan, Top Siding Player In Canada
Acquiring Company
Saint-Gobain
Acquired Company
Kaycan
CourbevoieManufacturingConstructionBuilding MaterialDescription
Saint-Gobain announces today that it has entered into a definitive agreement pursuant to which the Group will acquire Kaycan, Ltd., a family-owned manufacturer and distributor of exterior building materials in Canada and in the United States, for US$928 million (approximately €860 million) in cash.
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Frequently asked
Who acquired Kaycan?
Kaycan was acquired by Saint-Gobain, based in Courbevoie. The deal was reported on May 31, 2022. Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Saint-Gobain is publicly traded (CODGF) and operates in Manufacturing.
When did Saint-Gobain acquire Kaycan?
Saint-Gobain's acquisition of Kaycan was reported on May 31, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Kaycan do?
Discover Kaycan exterior home improvement products. Find the perfect siding option and colors for your next home exterior renovation. It is privately held.
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