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Announced

BME Group to acquire Nelemans.

Synopsis

BME Group, a distributor of building products, agreed to acquire Nelemans, a distributor of building materials in the South and West of the Netherlands. Financial terms were not disclosed. “The acquisition of Nelemans is an excellent fit with our current BMN footprint in the Dutch market thanks to its local presence in the South and West of the Netherlands. Part of this group is also the innovative TegelMegaStore concept which enables us to further expand our rapidly growing tiles competencies. We look very much forward to welcoming the colleagues of Nelemans to the BME Group," Remco Teulings, BME CEO.

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