October 16, 2015 — OTTAWA, ON — Competition Bureau
The Competition Bureau announced today that it has approved the sale by Kingspan Group Limited of the former Vicwest Inc. insulated metal panels manufacturing facility in Hamilton, Ontario, to NCI Building Systems, Inc.
The Bureau determined that NCI, an established producer of insulated metal panels in the United States without manufacturing facilities in Ontario, would be an effective buyer of the Hamilton facility, thereby resolving the likely lessening of competition in the supply of insulated metal panels in Ontario.
This sale is being made under the May 2015 Consent Agreement between Kingspan and the Bureau relating to Kingspan’s proposed acquisition of business rival Vicwest.
- Under the Competition Act, the Bureau has a mandate to review mergers to determine whether they are likely to result in a substantial lessening or prevention of competition.
- As part of our normal approach in examining a merger, the Bureau consults with a wide range of industry participants, such as suppliers, competitors, industry associations, customers and industry experts.
- Headquartered in Houston, Texas, NCI designs, manufactures and markets metal buildings and components for the non‑residential construction industry. NCI has manufacturing facilities in the U.S. and Mexico, along with sales and distribution offices in the U.S. and Canada.
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