⌘K
t
Saint-Gobain completed the acquisition of the Bailey Group, a privately owned Canadian manufacturer of metal frames for light construction, on June 3, 2024. Bailey reported C$532 million in revenues in 2023, operates 12 manufacturing plants across Canada, and employs approximately 700 people. This acquisition follows Saint-Gobain's previous Canadian acquisitions of Kaycan (2022) and Building Products of Canada (2023), with Saint-Gobain's pro forma Canadian revenues increasing from C$800 million in 2021 to C$2.3 billion in 2023.
| Date | 3 Jun 2024 |
| Time | 17:18:50 |
| Category | Acquisitions and alliances |
| ID | 9323Q |
Saint-Gobain completes the acquisition of bailey
in light construction in canada
Founded 75 years ago, Bailey had revenues of C$532 million in 2023, operates 12 manufacturing plants across Canada and has around 700 employees.
With this acquisition, Saint-Gobain reinforces its offer in sustainable construction in the attractive Canadian market and will be well positioned to better serve Canadian customers, to whom it will bring a comprehensive range of solutions offering sustainability and performance, thanks to innovative installation systems improving productivity and ergonomics on construction sites.
Committed to achieving net zero carbon emissions by 2050
|
Analyst/investor relations |
Press relations |
|||
|
Vivien Dardel: |
+33 1 88 54 29 77 |
Patricia Marie: |
+33 1 88 54 26 83 |
|
|
Floriana Michalowska: |
+33 1 88 54 19 09 |
Laure Bencheikh: |
+33 1 88 54 26 38 |
|
|
Alix Sicaud: |
+33 1 88 54 38 70 |
Yanice Biyogo: |
+33 1 88 54 27 96 |
|
|
James Weston: |
+33 1 88 54 01 24 |
|
|
|