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 a leading ironmongery merchant in the Netherlands with a strong market position.
BME is one of Europe’s leading building material distribution companies and active in the distribution of building materials in Netherlands under the General Builders Merchant (GBM) brands BMN, Raab Karcher, Van Keulen, TGN, De Jager Tolhoek, Galvano and in certain locations, Bouwmaat.
“The acquisition of De Jong & Roos (DJR) is an important step in our journey to become a leading player in ironmongery in The Netherlands. DJR is a solid company with a robust market position and strong track record over the years. We really look forward to welcoming the colleagues of De Jong & Roos to the BME Group”, said Remco Teulings, Group CEO of BME.
BMN is market leader in the Netherlands, with over 120 general building merchant locations and an increasing number of dedicated branches for ironmongery. With the acquisition of De Jong & Roos, BMN will expand its ironmongery footprint in the Netherlands.
De Jong & Roos is (indirectly) owned by the families Hoogland and Botman. Of the shareholders, Werner and Jürgen Botman will remain in their position after the closing of the transaction. The company has 2 branches and employs a total of 90 employees.
Financial details of the transaction will not be disclosed.
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