# BME Group enters exclusive negotiations to acquire Saint-Gobain's building distribution in Netherlands

BME Group entered exclusive negotiations to acquire Saint-Gobain Building Distribution Netherlands, which operates 38 sales outlets under brands including Raab Karcher and employs over 1000 people. The transaction is subject to merger control approval and expected to finalize in 2021.

- Type: Acquisition
- Announced: 2021-01-05
- Where: Netherlands, Netherlands
- Value: $183.0M (150.0M EUR)
- Status: announced
- Products: building materials, tiles, sanitary ware, interior finishing materials
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Saint-Gobain](https://endata.com/companies/1801.md) (partner)
- [Saint-Gobain](https://endata.com/companies/1801.md) (target)
- [BME](https://endata.com/companies/42212.md) (acquirer)

## Sources

- [bme-group.com](https://www.bme-group.com/2021/01/05/1365-2/), 2021-01-05: "The contemplated transaction is part of BME’s focused growth strategy and would complement and develop BME’s presence in the Netherlands."
- [tegelgroep.nl](https://tegelgroep.nl/saint-gobain-gaat-exclusieve-onderhandelingen-aan/), 2021-01-07: "De transactie zou tegen het eind 2021 rond moeten zijn en zal gebaseerd zijn op een ondernemingswaarde van € 150 miljoen."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.