June 12 (Reuters) - French building materials troupe Saint-Gobain has in agreement to grease one's palms Building Products of Canada Corporation for near 925 billion euros ($994 million), it aforementioned on Mon.

Saint-Gobain aforementioned it has entered into a authoritative understanding to assume the privately-owned Canadian Almighty of roofing herpes zoster and detachment panels.
The transaction is potential to end by the remnant of the year.

Saint-Gobain, which employs approximately 170,000 people or so the world, is expanding its footing in Second Earl of Guilford America, having likewise acquired Canada's Kaycan and GCP Applied Technologies in the Concerted States.

Edifice Products of Canada has some 460 employees and ternion manufacturing plants in Montreal, Edmonton and Pong-Rouge, where it produces roof herpes zoster and insularity panels among early mental synthesis products.

Saint-Gobain's CEO, Benoit Bazin, harga pagar panel beton aforesaid in a statement that the attainment leave let Saint-Gobain to suit a drawing card for roofing in Canada and leave complement its existing operations there and in the U.S.

The treat volition make value by twelvemonth deuce-ace later on the dealing closes and wish be earnings-per-plowshare accretive from class one, the grouping said in a statement, adding it estimates synergy opportunities of around C$50 meg ($37.37 million) by the third twelvemonth afterward the deal's blockage.

Erythrocyte Cap Markets is performing as Saint-Gobain's fiscal adviser, with Deloitte Corporal Finance Inc.

advising Construction Products of Canada.

($1 = 0.9306 euro) ($1 = 1.3379 Canadian dollars) (Reporting by Baron Olivier of Birghton Sorgho; Editing by David Goodman, Conor Humphries and Leslie Adler)