Pfleiderer completes sale of Uniboard Canada to Kaycan
October 01, 2012
On October 1, 2012, Kaycan Ltd. announced that it had successfully finalized its acquisition of Uniboard Canada Inc. Kaycan had previously entered into an all cash for shares deal with Uniboard’s parent company Pfleiderer Canada Inc. on September 5, 2012. The Uniboard facilities sold to Kaycan include three particleboard lines, one MDF line, five thermally fused melamine lines and two laminate flooring lines servicing primarily the Canadian, US Northeast and Mid-West US markets. Kaycan is a private Canadian corporation focused on the North American building industry.
Kaycan, headquartered in Montréal, Québec, a North American leader in vinyl, aluminum and engineered wood siding, trim and aluminum building products.
Uniboard, headquartered in Laval, Québec, is a leader in engineered wood products.
Pfleiderer, headquartered in Germany, specializes in the production of wood-based materials.
McCarthy Tétrault LLP represented Pfleiderer, as seller.