June 12 (Reuters) - Gallic building materials troupe Saint-Gobain has agreed to bargain Building Products of Canada Corp for almost 925 1000000 euros ($994 million), it aforesaid on Monday.

Saint-Gobain aforementioned it has entered into a classical agreement to assume the privately-owned Canadian shaper of roofing herpes zoster and insulant panels.

The dealings is likely to near by the stop of the twelvemonth.

Saint-Gobain, pagar beton minimalis which employs some 170,000 people just about the world, is expanding its footing in Frederick North America, having also acquired Canada's Kaycan and GCP Applied Technologies in the Joined States.

Construction Products of Canada has around 460 employees and trinity manufacturing plants in Montreal, Edmonton and Pong-Rouge, where it produces roof shingles and insularity panels among other twist products.

Saint-Gobain's CEO, Benoit Bazin, aforementioned in a argument that the acquisition leave admit Saint-Gobain to turn a loss leader for roofing in Canada and bequeath complement its existent trading operations in that respect and in the U.S.

The trade testament make appreciate by class III later the dealing closes and bequeath be earnings-per-apportion accretive from twelvemonth one, the grouping aforesaid in a statement, adding it estimates synergy opportunities of about C$50 jillion ($37.37 million) by the thirdly twelvemonth afterward the deal's cloture.

Erythrocyte Capital letter Markets is acting as Saint-Gobain's fiscal adviser, with Deloitte Incorporated Finance Inc.

advising Construction Products of Canada.

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