Kaycan Ltd. announced recently that it has successfully finalized its acquisition of Uniboard Canada Inc. Kaycan had previously entered into an all cash for shares deal with Uniboard's parent company Pfleiderer Canada Inc. on September 5, 2012.

The Uniboard facilities sold to Kaycan include three particleboard lines, one MDF line, five thermofused melamine lines, a resin plant and two laminate flooring lines servicing primarily the Canadian, US Northeast and Mid-West US markets. Montreal-headquartered Kaycan is a private Canadian corporation focused on the North American building industry. With Uniboard, Kaycan extends its decorative reach from the exterior to the interior of houses and opens up new commercial, non-residential and institutional market segments. See the full story at www.ihb.de.