Announced
Financials
Sources
Tags
Acquisition
Single Bidder
Cross Border
Majority
heavy building materials
Germany
Building Materials: Other
Friendly
Pending
Private
Synopsis
STARK Group, a retailer and distributor of building materials, agreed to acquire KONZ, a heavy building materials manufacturer. Financial terms were not disclosed. “Germany is an interesting market for STARK Group. The craft tradition is driven by professional craftsmen with a high level of education and professionalism and a demand for advice and specialised sales. These are the customers we serve best,” Søren P. Olesen, STARK Group CEO.
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