Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) entered into a definitive agreement to acquire Building Products of Canada Corp. for CAD 1.3 Billion on June 12, 2023. The purchase price represents a multiple (before synergies) of approximately 11.9x Building Products of Canada's 2022 EBITDA of CAD 111 million and an acquisition multiple of approximately 8.2x when including run-rate synergies of approximately CAD 50 million. Closing of the transaction is subject to customary conditions and expected by year-end 2023. As of August 21, 2023 Saint-Gobain obtained approval from the Competition Bureau of Canada for the acquisition and The acquisition is expected to close on September 1, 2023. RBC Capital Markets, LLC is acting as financial advisor, and Cleary Gottlieb Steen & Hamilton LLP and Blake, Cassels & Graydon LLP are acting as legal counsel to Saint-Gobain in connection with the transaction. Deloitte Corporate Finance Inc. is acting as financial advisor and Matthew Kelleher, David Badour, Susan Nickerson, Patrick McCay, Stephanie Dewey, Oliver Borgers, Kate McNeece, Sarit Pandya, Michael Scherman, Vincent Yip, Dominique Amyot-Bilodeau, Patrick Pengelly and Stephanie Sugar of McCarthy Tétrault LLP is acting as legal advisors for Building Products of Canada.

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) completed the acquisition of Building Products of Canada Corp. on September 1, 2023.