On 2 November 2021, BME Group closed the acquisition of Bridts, active in the sales of general building materials (GBM) and trading under the name ‘Gedimat Antwerp’. With this bolt-on acquisition, BME Group further strengthens its collect network in the province of Antwerp as part of the BMB Bouwmaterialen operations.
Bridts offers a broad portfolio of building materials having delivered strong growth in collect sales at their site in Aartselaar. Bridts employs 17 people and the owner of the company – Mr. Vincent van Genechten – will remain involved in the business post-closing.
BME is one of Europe’s leading distribution companies in building materials and active in Belgium under the brands ‘BMB Bouwmaterialen’ (General Building materials) and ‘STG’ (Sanitary, Heating and Plumbing materials) formerly known as ‘Sax, Lambrechts and Schrauwen’.
BMB Bouwmaterialen, based in Antwerp, will have a network of 11 locations in Flanders by year end and it is established there for more than 40 years.
Financial details of the transaction will not be disclosed.
BME Group acquires Heinrichs Fliesenmarkt, further strengthening its tiles competencies in Northern Germany
BME Group announces that it has reached an agreement to acquire Heinrichs Fliesenmarkt, a tiles distributor operating two branches in Northern Germany. The acquisition further builds out BME Group’s tiles […]
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 […]
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) […]