KP Building Products buying window and door maker

By Catherine Kavanaugh
Staff Reporter

Published: February 25, 2014 2:39 pm ET
Updated: February 25, 2014 2:43 pm ET

Related to this story

Topics Mergers & Acquisitions, Construction, Windows & doors, Extrusion, Pipe/Profile/Tubing

KP Building Products Ltd. is close to acquiring substantially all of the assets of Farley Group Inc., a manufacturer of PVC and aluminum–hybrid windows and patio doors.

KP, a subsidiary of Kaycan Ltd., which is based in Montreal, signed a letter of intent to complete its second acquisition in about 18 months. The Farley sale is expected to close as soon as March 3.

“We are very excited with this pending acquisition” Lionel Dubrofsky, Kaycan Ltd.’s president, said in a statement. KP makes vinyl, aluminum and engineered siding, trim coil and rain carrying products. Adding Farley’s PVC windows and patio doors “will help us provide an unprecedented product mix and level of professional support,” he said.

With estimated sales of $205 million, KP ranks 18th among North American pipe, profile and tubing extruders, according to Plastics News’ latest ranking.

In October 2012, Kaycan acquired several facilities of Uniboard Inc., including three particleboard lines, one MDF line, five thermo-fused melamine lines, a resin plant, and two laminate flooring lines servicing primarily Canadian and northeastern and Midwestern U.S. markets.

Dubrofsky said at the time that acquisition brought together two major Quebec-based manufacturing companies with a wider range of products for both residential and commercial interior and exterior décor.

About the pending acquisition, he said, “The addition of Farley to our group of privately held companies will enable us to maintain our long-term focus on growth and our practice of reinvesting earnings back into our businesses.”

In explaining the long-term focus, Dubrofsky said KP ultimately wants to provide its customers with solutions for the whole home. “The acquisition of Farley brings us one step closer to realizing this goal.”

The Kaycan group of companies has more than 1,800 employees operating 16 manufacturing facilities in North America for a global market.


Comments

KP Building Products buying window and door maker

By Catherine Kavanaugh
Staff Reporter

Published: February 25, 2014 2:39 pm ET
Updated: February 25, 2014 2:43 pm ET

Post Your Comments


Back to story


More stories

Image

ADS launches public trading on NYSE

July 25, 2014 10:41 am ET

Advanced Drainage Systems, the world's largest producer of thermoplastic corrugated pipe, made its debut on the New York Stock Exchange today with 14....    More

Image

Metals and plastics company NN to buy Autocam in $300 million deal

July 25, 2014 10:07 am ET

A Tennessee metals and plastics company said it has agreed to acquire auto parts supplier Autocam Corp. in a deal valued at $300 million.    More

Meredian merging with Danimer Scientific

July 24, 2014 1:59 pm ET

Bioplastics maker Meredian Inc. is merging with its sister firm, Danimer Scientific LLC.    More

Image

Injection molder, recycler Polyvulc USA puts itself up for sale

July 24, 2014 12:41 pm ET

Fred Farrell and Larry Lambiotte, founders of Polyvulc USA Inc. and its subsidiaries Polyvulc Tire Recycling Llc and Winnsboro Rubber Recycling LLC,...    More

Image

Intek investing $1 million to expand capacity

July 23, 2014 1:59 pm ET

Custom profile extruder Intek Plastics Inc. has invested more than $1 million to expand its production capacity by 17 percent.    More

Market Reports

Plastics Recyclers Data Report & Directory

This exclusive MS Excel database contains all the companies from Plastics News' ranking of top North American Recyclers and Brokers by reprocessed volume and also includes a directory with materials processes, services offered and company contact information. Data is based on primary research by PN editorial staff.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events