Saint-Gobain to acquire Bailey

Saint-Gobain has announced that its building materials subsdiary CertainTeed Canada will acquire The Bailey Group of Companies. The Vaughan, Ont.-based manufacturer of commercial metal framing and building products was founded in 1950.

A family-owned company, it counts just under 700 employees at locations in multiple provinces. It consists of Bailey-Hunt Ltd. and its subsidiaries, including Bailey Metal Products. Under the agreement, Saint-Gobain will also complete the purchase of the remaining equity and assets of The Grid Company, its ceiling grid manufacturing joint venture with Bailey.