BME Group completed the acquisition of the Grupo BMV from ABAC Capital for £133m.

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.