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 brands Isolana, La Especialista, Isopractor and La Instaladora. The intention to acquire this group was announced on 15 April, 2021.
With this acquisition, BME Group’s geographical coverage will expand with a strategic foothold in the attractive Spanish market, enabling continued innovation and further market consolidation across its operations as well as entry into the insulation growth market. We can now officially welcome our colleagues of Grupo BMV to the BME Group and we look forward to the cooperation with the team under the leadership of Josep Suriñach.
Financial details of the transaction will not be disclosed.
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 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 […]