The Bailey Group of Companies in Canada acquired by Saint-Gobain
Saint-Gobain has completed the acquisition, announced on April 3, 2024, of The Bailey Group of Companies (Bailey), a leading manufacturer of metal building solutions in Canada.
With approximately 690 employees working across twelve manufacturing sites throughout Canada, Bailey will reinforce Saint-Gobain’s commitment to growth in the country, adding more than C$500 million in revenues.
With today’s announcement, Saint-Gobain has successfully completed its third major acquisition in Canada in the last three years. These include the acquisition of Kaycan (2022) a leader in siding and exterior solutions and Building Products of Canada (2023) a major manufacturer of residential roofing shingles and wood fiber insulation panels.
All three additions complement CertainTeed Canada’s extensive 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, which will continue to operate under its current brand name, joins the local North American construction business, within the Americas region.
Today’s announcement follows several other recent growth investments announced by Saint-Gobain in Canada:
- In February, Saint-Gobain completed the installation of a recovery system at its gypsum facility in Vancouver, British Columbia, 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 both Kaycan and GCP, strengthening its leadership positions in siding and construction chemicals respectively in both 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, which will increase 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.
With over 145 manufacturing locations in Canada and the United States, every current and future member of the company’s team plays a vital role in achieving its sustainability goals.
