Saint-Gobain to acquire Kaycan

CertainTeed parent Saint-Gobain has announced it has reached a deal to acquire Kaycan Ltd., a Montreal-based manufacturer and distributor of siding products. The $928-million transaction is slated to close by the end of 2022. In a statement, Saint-Gobain CEO Benoit Bazin said the acquisition “allows us to broaden our offering into the exciting growth areas of aluminum and engineered wood siding.”