STARK Group-backed Neumann Bygg to acquire FagFlis.

STARK Group-backed Neumann Bygg agreed to acquire FagFlis, a distributor and retailer of ceramic tiles for professional craftsmen. Financial terms were not disclosed. "Specialist areas such as tiles are playing an increasingly important role in our growth strategy. Historically, we have been strongest in the generalist market for heavy building materials. Since the acquisition of our German tile specialist, Keramundo, we have learned that our focus on a high level of expertise, advice, and service complements specialist areas well," Søren P. Olesen, STARK Group CEO.