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BME Group acquires Mattheeussen, a general builders merchant in Belgium

Press release 13 March 2024

BME Group (BME) has reached an agreement with the shareholders of Mattheeussen to aquire Mattheeussen. Mattheeussen is a distributor of building materials with one location North of Antwerp. The company is privately owned. The acquisition enables BME to further strengthen its position in the Antwerp region where it operates under the BMB Bouwmaterialen brand.

BME is one of Europe’s leading distribution companies in building materials and active in Belgium under the brands ‘BMB Bouwmaterialen’ (General Building Materials), ‘STG’ (Sanitary, Heating and Plumbing Products) formerly known as ‘Sax, Lambrechts and Schrauwen’ and Induscabel.

The acquisition of Mattheeussen is the 6th acquisition in Belgium since BME became an independent company in 2019, and the 33rd acquisition across the Group.

Financial details of the transaction will not be disclosed.