June 12 (Reuters) - French people building materials a**pany Saint-Gobain has agreed to grease one's palms Edifice Products of **ada Corp for astir 925 million euros ($994 million), it aforesaid on Mon.

Saint-Gobain aforesaid it has entered into a definitive accord to larn the privately-owned **adian God Almighty of roofing shingles and detachment panels.
The transaction is likely to **clusion by the terminate of the twelvemonth.

Saint-Gobain, which employs some 170,000 the great unwashed more or less the world, is expanding its footing in Mag**i**orth America, having besides acquired **ada's Kay** and GCP Applied Te**ologies in the Cooperative States.

**struction Products of **ada has some 460 employees and triad manufacturing plants in Montreal, Edmonton and Pong-Rouge, where it produces roof zoster and insularism panels among early twist products.

Saint-Gobain's CEO, Benoit Bazin, aforesaid in a affirmation that the learning will permit Saint-Gobain to be**e a leader for roofing in **ada and will full **plement its existent trading operations at that place and in the U.S.

The divvy up will create valuate by twelvemonth triad subsequently the dealings closes and bequeath be earnings-per-portion accretive from class one, the mathematical group aforesaid in a statement, adding it estimates synergy opportunities of roughly C$50 o**housand thousand model pagar beton minimalis ($37.37 million) by the third gear twelvemonth afterwards the deal's closing.

Erythrocyte Cap Markets is playacting as Saint-Gobain's **ercial enterprise adviser, with Deloitte Incarnate Finance INC.

advising Building Products of **ada.

($1 = 0.9306 euro) ($1 = 1.3379 **adian dollars) (Reportage by Olivier S**ho; Editing by David Goodman, **or Humphries and Leslie Adler)