Announced
Financials
Tags
heavy building materials
construction materials
Building Materials: Other
Distribution of heavy building materials
wholesaler distributor
Friendly
Single Bidder
Austria
Majority
Private
Cross Border
heavy materials
Acquisition
Pending
Synopsis
Stark Group, a business-to-business distributor of heavy building materials for the construction industry, agreed to acquire Dach & Wand Handels, a seller and distributor of heavy building materials to professional craftsmen, from Swisspearl Group, a building materials manufacturer. Financial terms were not disclosed. “I am pleased to welcome 150 new employees. This is a strong team with specialist knowledge and a strong relationship with professional craftsmen. The team will continue to evolve our business in collaboration with our German roof and facade business, Melle Gallhöfer,” Søren P. Olesen, STARK Group CEO.
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