Saint-Gobain Completes C$880 Million Purchase of The Bailey Group

Acquisition enhances Saint-Gobain’s position in light and sustainable construction; strengthens its Canadian product portfolio

Saint-Gobain buys metal manufacturer The Bailey Group for C$880 million.

Founded in 1950 by Sam Bailey, The Bailey Group of Companies is a family-owned Canadian operation with 12 locations.

— Image courtesy of The Bailey Group

Saint-Gobain completed the acquisition of The Bailey Group of Companies, a manufacturer of metal building solutions in Canada. The deal, first announced last April, was a C$880 million transaction that adds nearly 700 employees and 12 manufacturing sites throughout Canada to its portfolio.

In a June 3 news release, Saint-Gobain said the Bailey purchase will reinforce its commitment to growth in the country and add more than C$500 million in revenues.

With the announcement, Saint-Gobain said it has successfully completed its third major acquisition in Canada in the last three years: these include the acquisition of Kaycan in 2022), a leader in siding and exterior solutions, and Building Products of Canada in 2023, a manufacturer of residential roofing shingles and wood fiber insulation panels.

The company said all three additions complement CertainTeed Canada’s portfolio of interior building materials, and Bailey will further enrich Saint-Gobain’s full-range offer of interior and exterior solutions. The Bailey Group of Companies will continue to operate under its current brand.

The announcement follows several other recent growth investments announced by Saint-Gobain in Canada:

In February, Saint-Gobain installed a recovery system at its gypsum facility in Vancouver, British Columbia, which is expected to reduce Scope 1 carbon dioxide emissions by 15%.
In September, Saint-Gobain completed the $1.325 billion acquisition of Building Products of Canada Corp., reinforcing its leadership in light and sustainable construction in Canada.
In 2022, Saint-Gobain announced the acquisitions of Kaycan and GCP, strengthening its leadership positions in siding and construction chemicals in Canada and the United States.
In June 2022, Saint-Gobain and CertainTeed Canada announced an investment to upgrade equipment at its gypsum facility outside Montreal, increasing the plant’s production capacity by up to 40%. The plant will also transition away from fossil fuels to solely being powered by renewable electricity from Hydro-Quebec, making it the first zero-carbon wallboard plant in North America for scopes 1 and 2 emissions. Work on this project is currently underway.

For more information, visit certainteed.ca.