Apr 5, 2024
Saint-Gobain to acquire Baily Group of Companies
Saint-Gobain, through its building materials subsidiary CertainTeed Canada, plans to acquire The Bailey Group of Companies (Bailey), a Canadian manufacturer of commercial metal framing and building systems. The complementary addition of Bailey’s existing line of high-quality metal framing products in Canada will broaden Saint-Gobain’s global offering in the category, and further enhance the company’s position in light and sustainable construction.
As part of the pending acquisition, Saint-Gobain will also complete the purchase of the remaining equity and assets of its decade-long ceiling grid manufacturing joint venture with Bailey, The Grid Company. In addition, when approved, the acquisition will include all divisions of The Bailey Group – Bailey Metal Products, Bailey Metal Processing, and Agway Metals.
“As leaders in metal framing for nearly 75 years, we look forward to continuing our same quality service and support to Canadian customers alongside our long-time partner Saint-Gobain,” says Angelo Sarracini, CEO of the Bailey Group. “Working together, we will enhance the experience for our customers throughout Canada, who will benefit from our combined expertise and portfolio of complete building systems and solutions. We are excited to continue the Bailey story as we start this next chapter.”
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