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New Deal


Announced

BigMat Group to acquire La Plataforma de la Construcción from Saint-Gobain.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Acquisition

Storage Terminals

Disposal

Cross Border

Friendly

Pending

warehouse

Spain

Private

Majority

Synopsis

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BigMat Group, a provider of building materials, agreed to acquire La Plataforma de la Construcción, a construction warehouse company, from Saint-Gobain. Financial terms were not disclosed. "We believe that the Construction Platform has an extraordinary management model, and that it has achieved great achievements, for which we want to continue supporting this magnificent management and injecting more confidence into it, respecting its schemes and seeking synergies between them and BigMat partners. . We have to take advantage of its brand power among professionals and we also have to give the Construction Platform the place it deserves within the sector, by size and by profitability," Jesús Prieto, BigMat CEO.

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