Superior plus nixes construction sale

CALGARY — Superior Plus announced that after completion of its strategic review process, which involved consideration of formal offers for the sale of its Construction Products Distribution business, it has concluded that it is not in the shareholders’ best interests to proceed with a sale of CPD at this time. The company said it intends to continue with its previously announced project to integrate CPD’s commercial and industrial insulation and gypsum specialty distribution operations which had been placed on hold during the strategic review of CPD.