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 announces official closing of the acquisition of Saint Gobain Building Distribution Netherlands
Today (30 July, 2021), BME Group completed the acquisition of Saint-Gobain Distribution The Netherlands (SGBD NL), a leading distributor of building materials, tiles, sanitaryware and interior finishing materials and operating […]
On 1 June, 2021 BME Group completed the acquisition of the Grupo BMV, a market leading supplier of interior finishing building materials with 36 distribution centers across Spain, operating the […]
On 31 May, 2021 BME Group completed the acquisition of the Mahler Group, a leading general building materials and tiles distributor in Bavaria, Germany, operating 5 branches under the brands […]
BME Group hereby announces that it has reached an agreement to acquire the remaining 50% of the share capital in Modelo – Distribuição de Materiais de Construção S.A. (“Maxmat”) from […]
BME Group (BME) and the shareholders of the Baucentrum Cronrath (Cronrath) have reached an agreement on the sale of Cronrath’s general building materials (GBM) distribution activities to BME. The transaction […]