BME Group enters into exclusive negotiations to acquire Saint Gobain’s building distribution activities in the Netherlands
BME Group announces that it has entered into exclusive negotiations with Saint Gobain in preparation for the acquisition of Saint-Gobain Building Distribution the Netherlands (SGBD NL). SGBD NL is active in the distribution of building materials, tiles, sanitary ware and interior finishing materials, operating under the brands Raab Karcher, De Jager Tolhoek, Tegel Groep Nederland, Galvano and Van Keulen. It has 38 sales outlets and employs over 1000 people.
BME is one of Europe’s leading building material distribution companies, active in the distribution of building materials in the Netherlands under the brands BMN and, in certain locations, Bouwmaat. The contemplated transaction is part of BME’s focused growth strategy and would complement and develop BME’s presence in the Netherlands.
The finalisation of this transaction is subject to merger control approval and consultation with the relevant social partners (including works councils) in the Netherlands. It is intended to be finalised during 2021.
BME Group acquires Bouwpunt Van der Gucht to strengthen its footprint in building materials in Flanders
BME Group (BME) and the shareholders of Bouwpunt Van der Gucht have reached an agreement on the sale to BME. Van der Gucht is a distributor of building materials located […]
BME Group acquires the activities of ironmongery merchant Van Engeland in the Netherlands
On 11 November 2022, BME Group (BME) and Van Engeland have reached an agreement on the sale of their ironmongery activities to BME. With the acquisition, BME will densify its […]
BME Group entered exclusive negotiations with BVP-Socca to further strengthen its Infrastructure activities in the North of France
BME Group (BME) and the shareholders of BVP-Socca announce that they have entered exclusive negotiations to acquire the shares of BVP-Socca. Simultaneously, BVP-Socca announces having entered into exclusive negotiations to […]
BME Group acquires the activities of ironmongery merchant GBI Jacob Bakker in the Netherlands
On 1 September 2022, BME Group closed the acquisition of the activities of GBI Jacob Bakker BV, an ironmongery merchant in the east of the Netherlands. BME is one of […]
BME Group reports continued strong profitable growth in first half year of 2022
Financial results H1 2022 versus H1 2021• Revenue increased by 30.4% to reach €2,675 million• Normalized EBITDA increased by 33.6% to €225 million• Normalized EBITDA margin increased from 8.2% to […]