Chausson Matériaux completed the acquisition of Bois & Matériaux from OpenGate Capital.

Chausson Matériaux, a major building materials distribution company, completed the acquisition of Bois & Matériaux, a French building products distributor, from OpenGate Capital, a global private equity firm. Financial terms were not disclosed. “With the exit, B&M is at one of the most interesting periods in the French building materials sector in years. It was built as the second national business in the country with no room for a number three player. The sale to Chausson paves a new, bright future with access to the best projects in France or pan-European in the next 10 years,” Yves Martin, B&M CEO.