Announced
Completed
Financials
Tags
Single Bidder
Acquisition
Cross Border
Completed
Majority
Household Equipment and Products
interior furnishings
Private
Friendly
Spain
Synopsis
Building Materials Europe, a building materials store in the Netherlands, completed the acquisition of the Grupo BMV, a market leading supplier of interior finishing building materials, from ABAC Capital, a private equity firm, for £133m. “This acquisition of Grupo BMV marks an important milestone in the journey of our company with the entry into a new, attractive growth market. It also provides further balance to our already diversified geographic footprint. We very much look forward welcoming the Grupo BMV employees to our group," Remco Teulings, BME CEO.
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