(CercleFinance.com) – Saint-Gobain announces that it has obtained the authorization of the Competition Bureau for the acquisition of Building Products of Canada, producer of roofing shingles for the residential sector as well as wood fiber insulation panels in Canada.
The operation, announced on June 12, should be finalized on September 1 and will allow the French building materials group to take a new step in strengthening its leadership in sustainable construction in Canada.
Building Products of Canada complements Saint-Gobain’s exterior solutions offer in the country, thereby strengthening the existing activities of CertainTeed Canada, already a leader in interior solutions (gypsum, insulation, ceilings).