Blackstone-backed BME Group to acquire Isolana from Abac Capital.

Blackstone-backed BME Group, a building materials distribution platform, agreed to acquire Isolana, an independent distributor of interior finishing and general building materials, from Abac Capital, a private equity firm. Financial terms were not disclosed. “We would like to thank Abac for their leadership and support in helping us to set our purpose, grow the business and improve digitalization and sustainability at the company. We are very excited about the prospects of becoming part of the European leader BME Group and leverage its vast resources, talent and industry knowledge to continue innovating and consolidating organic and inorganic growth in the Spanish market," Josep Suriñach, Isolana CEO.