News / Building Bulletin

Saint-Gobain acquires Canada-based Bailey Group

09 April 2024

Saint-Gobain has entered into a definitive agreement for the acquisition of The Bailey Group Companies, consisting of Bailey-Hunt Ltd and its subsidiaries, a privately owned manufacturer of metal building solutions for light construction in Canada, for CAD880m (US$651.8m) in cash. Bailey is a leading player in metal framing in Canada, posting sales of CAD532m in 2023. With a 75-year history, it operates 12 manufacturing plants across Canada and has been a long-standing partner of Saint-Gobain for metal ceiling grids, frames and fasteners. In many countries, metal framing is already an important part of Saint-Gobain’s solution offer for light construction, since it is commonly used for interior solutions (hand-in-hand with plasterboard, insulation and ceilings) as well as for exterior solutions (with siding and roofing). With this acquisition, Saint-Gobain will further reinforce its portfolio in light and sustainable construction in the Canadian market, and will be we...