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

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

Ferro sells another piece of its plastics business

December 19, 2014 3:33 pm ET

Ferro Corp. has sold its North American polymer additives business to a private equity firm for $154 million in cash.    More

Image

Alex Brands buys iconic Shrinky Dinks toys

December 19, 2014 3:15 pm ET

First Slinky, now Shrinky Dinks. What will toy and games investment firm Alex Brands buy next?    More

Image

Judge limits scope of jury verdict against JM Eagle

December 19, 2014 2:30 pm ET

A federal judge in Los Angeles said Dec. 18 that last year's jury verdict issued against J-M Manufacturing Co. — now JM Eagle — for...    More

Image

Thailand's SCG Chemicals buying Norwegian chemical firm Norner

December 19, 2014 9:11 am ET

Thailand's SCG Chemicals Co. Ltd. has announced it has acquired 51 percent of the shares in the independent petrochemical company Norner Holding AS...    More

Image

BASF to sell its share in Singapore JV

December 19, 2014 8:37 am ET

BASF SE has announced that it has reached an agreement for it to sell its share in the 50-50 joint venture ELLBA Eastern, at Jurong Island, Singapore ...    More

Market Reports

Flexible Packaging Trends in North America

Our latest RESEARCH report examines trends in FLEXIBLE PACKAGING impacting the North American market including a review of economic conditions, key drivers of growth, materials pricing, M&A activity, sustainability challenges and the outlook for 2015.

Learn more

Plastics in Brazil - State of the Industry Report

This in-depth report examines the Brazilian plastics industry from a historical and geographical context. Our analysts provide insight on economic trends and forecasts, growing manufacturing sectors that utilize plastics, private investment opportunities, market environment challenges, and innovations in R&D.

Data tables and charts on producer prices, trade, plastics production and end market indicators is also included.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Upcoming Plastics News Events

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

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

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events