Saint-Gobain of France to acquire Baily Group of Companies

Saint-Gobain has announced its intent to acquire Canadian manufacturer of commercial metal framing and building systems, the Bailey Group of Companies (Bailey).

Saint-Gobain, through its building materials subsidiary CertainTeed Canada, has announced its intent to acquire The Bailey Group of Companies (Bailey), a Canadian manufacturer of commercial metal framing and building systems.

The complementary addition of Bailey’s existing line of high-quality metal framing products in Canada will broaden Saint-Gobain’s global offering in the category.

As part of the acquisition, Saint-Gobain will also complete the purchase of the remaining equity and assets of its ceiling grid manufacturing joint venture with Bailey, The Grid Company. Once approved, the acquisition will include all divisions of The Bailey Group including Bailey Metal Products, Bailey Metal Processing, and Agway Metals.

With roughly 690 employees working across twelve manufacturing sites throughout the country, the acquisition of Bailey will reinforce Saint-Gobain’s commitment to growth in the country, adding more than $500 million in revenues in Canada.

Along with the recent acquisitions of Kaycan and GCP in 2022, and Building Products of Canada in 2023, this acquisition will also strengthen the company’s building materials portfolio and further Saint-Gobain Canada’s vision to offer a portfolio of building systems and solutions to its customers.

“As a strategic partner in The Grid Company joint venture for over a decade, we have first-hand knowledge of the Bailey team’s expertise in producing high quality light construction solutions,” said Mark Rayfield, president and CEO of Saint-Gobain North America. “Their employee-centric culture and unwavering commitment to customers is what makes them an excellent partner for Saint-Gobain, and I look forward to the Bailey team’s continued contributions to fulfilling our global purpose – ‘Making the World a Better Home.”’

The announcement also follows various other recent growth investments announced by Saint-Gobain in Canada such as Saint-Gobain’s installation of a recovery system at its gypsum facility in Vancouver, the $1.325 billion acquisition of Building Products of Canada Corp., and the acquisitions of both Kaycan and GCP.

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