Gypsum Supplier CGC Acquires Imperial Building Products in Canada - Modern Distribution Management

Gypsum Supplier CGC Acquires Imperial Building Products in Canada

Imperial Building Products will operate as a distinct business unit within CGC and be lead by a new General Manager and Vice President.
CGC IBP

In a move to strengthen its national supply chain in Canada, gypsum-based building materials manufacturer CGC completed its acquisition of Imperial Building Products (IBP), a Canadian manufacturer of steel stud, track, drywall trims and structural solutions.

The transaction was originally announced on June 24 and closed on Sept. 1. Terms of the transaction were not disclosed. The acquisition does not extend to Imperial Metal Services, Imperial Manufacturing Group or any other companies affiliated with IBP.

IBP will operate as a distinct business unit within CGC, expanding its footprint in key markets and complementing its core portfolio of building solutions. There are no immediate changes anticipated for employees, customers or suppliers.

“This is an exciting milestone for both CGC and IBP,” CGC President Steve Youngblut. “By combining our expertise in wall and ceiling solutions with IBP’s leadership in steel framing, we’re creating a more complete, reliable offering for our customers. This integration allows us to deliver even greater value to suppliers and contractors nationwide and to support Canada’s housing and infrastructure priorities.”

CGC logo

In connection with the acquisition, CGC has appointed Sid Tetz, formerly Vice President of Sales and Marketing at CGC, to lead the IBP business as CGC’s General Manager and Vice President. Tetz will oversee IBP’s strategy, operations and transition as the company begins its next chapter as part of CGC.

Tetz brings extensive experience in the Canadian building materials sector. Prior to joining CGC in 2022, he spent 15 years at Owens Corning where he held key leadership roles in both sales and manufacturing.

IBP

 

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