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 completed the divestment of Raboni branches in Normandy
On 1 October 2021, BME Group (BME) completed the divestment of 12 branches in Normandy, part of BME France. The divestment of these branches to Point P allows Raboni (GBM) […]
BME Group expands its footprint in the Spanish market with acquisitions of Yesyforma and Planasdis
Today (1 October 2021) BME Group announces the acquisitions of Planasdis Girona, SL (Planasdis), closed on 1 August 2021, and of Yesyforma Europa, SL (Yesyforma) which closed on 1 October […]
Official closing of Baucentrum Cronrath acquisition
Today (30 September 2021) BME Group completed the acquisition of Baucentrum Cronrath’s (Cronrath) general building materials (GBM) distribution activities from the shareholders of Cronrath, which will enable BME Group to […]
Strong first half year performance driven by a strong market, delivery on strategic initiatives and value accretive bolt-on acquisitions
Financial results H1 2021 versus H1 2020• Revenue up (+10.6%) to €2,050 million • Normalized EBITDA increased by 35.8% to €168 million• Normalized EBITDA margin increased from 6.7% to 8.2% […]
BME Group acquired De Jong & Roos, expanding its ironmongery business in the Netherlands
BME Group (BME) and the shareholders of the De Jong & Roos B.V. have reached an agreement on the sale of its shares to BME. De Jong & Roos is […]
BME Group strengthens its market position in Eastern France with the acquisition of Silix and entered into exclusive negotiations with Point.P for the divestment of Raboni Normandie
Today, BME Group (BME) announces (i) the acquisition of Silix TP et Environnement (Silix) in the Eastern part of France, and (ii) entering into exclusive negotiations with Point.P (a Saint […]
Official closing of Maxmat acquisition
Today (1 September 2021) BME Group completed the acquisition of the remaining 50% of the share capital in Modelo – Distribuição de Materiais de Construção S.A. (“Maxmat”) from Sonae MC, […]