Pfleiderer Canada Inc., the parent company of Uniboard Canada Inc., has entered into an agreement to sell its facilities to a subsidiary of Kaycan Ltd., a private Canadian corporation focused on the North American building industry with over 38 years in vinyl, aluminum and engineered wood siding, trim and aluminum building products, in an all cash deal.
The Uniboard facilities sold to Kaycan include three particleboard lines, one MDF line, five thermally fused melamine lines and two laminate flooring lines servicing primarily the Canadian, U.S. Northeast and Mid-West U.S. markets.