Saint-Gobain acquires Building Products of Canada

After receiving clearance from the Competition Bureau of Canada on 21 August 2023, French building materials group Compagnie de Saint-Gobain S.A, Courbevoie, is to complete the takeover of Québec-based roofing and wall products company Building Products of Canada Corp. (BP Can), LaSalle, on 1 September. Saint-Gobain...

Following almost continuous growth, turnover generated by insulating board and LVL manufacturer Steico in the first half of 2023 dropped by 20.0% compared to the corresponding period in the preceding year to €190.0m. As had already been the case in the first quarter, demand in April and May was hampered by further...

After achieving significant growth over several years, in the 2022 financial year Steico SE (Feldkirchen) recorded a decline in production of insulating materials again for the first time. According to the business report published in mid-May, total production of wood fibre and cellulose insulating materials decreased...