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Saint-Gobain Completes Acquisition of Kaycan

Saint-Gobain finalised its acquisition of manufacturer and distributor, Kaycan.

Saint-Gobain finalised and completed its acquisition of North American manufacturer and distributor of exterior building materials, Kaycan. This acquisition presents an important move in the construction sector.

From this, Saint-Gobain fortifies its worldwide activity and sustainable construction. Saint-Gobain is now a siding player in Canada and has expanded its vinyl offer across the United States. 

As part of this acquisition and in line with Saint-Gobain's previous announcement, the divestment of Kaycan's small US distribution business is progressing well and its closing is expected in the third quarter of 2022. The EBITDA multiple of approximately eight times post synergies and divestment of US contribution is confirmed.

Source: Saint-Gobain Completes Acquisition of Kaycan

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