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.
Strong first half year performance driven by a strong market, delivery on strategic initiatives and value accretive bolt-on acquisitions
Financial results H1 2021 versus H1 2020? Revenue up (+10.6%) to €2,050 million ? Normalized EBITDA increased by 35.8% to €168 million? Normalized EBITDA margin increased from 6.7% to 8.2% […]
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 […]
BME Group strengthens its market position in Eastern France with the acquisition of Silix and entered into exclusive negotiations with Point.P for the divestment of Raboni Normandie
Today, BME Group (BME) announces (i) the acquisition of Silix TP et Environnement (Silix) in the Eastern part of France, and (ii) entering into exclusive negotiations with Point.P (a Saint […]
Today (1 September, 2021), BME Group completed the acquisition of the remaining 50% of the share capital in Modelo – Distribui??o de Materiais de Constru??o S.A. (“Maxmat”) from Sonae MC, […]
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 – Distribui??o de Materiais de Constru??o S.A. (“Maxmat”) from […]