Today BME Group completed the acquisition of the Detering Group, a family-owned Sanitary, Heating & Plumbing (SHAP) merchant operating with 15 branches in Lower Saxony and Bremen, Germany. The intention to acquire this group from the Detering and Dekker families was announced on 1 July, 2020.
The Detering Group’s three brands, Detering, Tebbenjohanns and Rodenburg, complement the BME Group’s existing SHAP business with the Paulsen and Bergmann & Franz brands across Northern and Eastern Germany. With this acquisition, BME Group’s SHAP presence in Germany stretches from the Dutch to the Polish border and it will enable further acquisitions and greenfields. We can now officially welcome our colleagues of the Detering Group to the BME Group and we look forward to the cooperation as part of our SHAP Germany business.
BME Group announces it has reached an agreement, subject to customary competition and foreign investment clearances, to acquire Grupo BMV, a market leading supplier of interior finishing building materials with […]
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BME Group (BME) and the shareholders of the Mahler Group have reached an agreement on the sale of its shares to BME. The Mahler Group, a leading general building materials […]
BME Group announces that it has divested twelve excess real estate assets of its Swiss Operating Company ‘BMS’ (Building Materials Suisse) to five buyers, consisting of HIAG, Swissroc Industrial Opportunities, […]
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 […]
Strategic initiatives on track Financial results H1 2020 versus H1 2019• Revenue slightly up (+0.4%) to €1,853 million• Normalized EBITDA increased by 3.1% to €124 million• Normalized EBITDA margin increased […]