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Taiga Building Products Ltd T.TBL

Alternate Symbol(s):  TGAFF

Taiga Building Products Ltd is a Canada-based independent wholesale distributor of building products in Canada and the United States. The Company operates within two reportable geographic areas, Canada and the United States. It owns and operates four wood preservation plants that produce pressure treated wood products. Its product categories include composite decking, engineered wood, fencing, flooring, insulation, lumber, moldings, panels, preserved wood, roofing, and siding. The Company offers a selection of engineered wood products and related accessories. It provides a range of lightweight, easy-to-install fencing products for home or commercial use. It produces and distributes a variety of luxury vinyl and laminate flooring products, along with essential supplies and accessories. It also specializes in distributing eastern and western Canadian dimensions of various wood, including Spruce, Pine, Fir (SPF) lumber, Douglas fir lumber, and fir/larch in less than carload (LCL) volumes.


TSX:TBL - Post by User

Comment by TradeTraceron Jan 28, 2023 2:40am
165 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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