Saint-Gobain to acquire Building Products of Canada for C$1.3bn.

Saint-Gobain, a French multinational corporation, agreed to acquire Building Products of Canada, a manufacturer of building materials, for C$1.3bn ($1bn). “Today marks the beginning of an exciting new chapter in the history of Building Products of Canada. Our focus on delivering the best solutions and satisfaction to our customers has enabled us to become a leading player in roofing in Canada. The opportunity to join Saint-Gobain, the worldwide leader in light and sustainable construction, and which is investing significantly in Canada, is the perfect next step to further enrich our offer by leveraging Saint-Gobain’s innovation and technology: I want to thank all our teams for their outstanding work over many years, and I look forward to leading the integration of Building Products of Canada into Saint-Gobain and continuing to drive profitable growth," Yves Gosselin, Building Products of Canada President and CEO.