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Taiga Building Products Ltd TGAFF


Primary Symbol: T.TBL

Taiga Building Products Ltd. is a Canada-based company, which is an independent wholesale distributor of building products in Canada and the United States. The Company operates through two geographic segments: Canada and the United States. The Company offers its products in various categories, including composite decking, engineered wood products, flooring products, insulation products, lumber products, moldings, panel products, polyethylene sheeting, preserved wood products, and siding products. The Company’s distribution logistics serves customers across North America with road transportation (flat deck and van), rail (carload and intermodal container), ocean (container and breakbulk), customs regulatory matters (ranging from overseeing daily cross border movement of traffic, softwood lumber reporting, federal countervail and dumping duty investigations), and liaising with: Canada Border Services & Agency; Department of Foreign Affairs and International Trade, and others.


TSX:TBL - Post by User

Comment by TradeTraceron Jan 28, 2023 2:40am
137 Views
Post# 35251568

RE:Take over

RE:Take overI was thinking the same thing

Just some quick glances at the websites show different locations of Goodfellow and Taiga which would benefit either party. 

But like you say the GDL board and owners are getting older so such a business deal would make sense.

Add to the fact TBL's recent credit facility of $250 million would more than cover GDL's current $120 million market cap.

Just speculation, but if it were to happen I would vote in favor of TBL buying GDL.

Governments want more housing, and housing needs flooring and building products so I personally like the future of the space. Even with interest rates going up
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